May 31 deadline to sign up for automatic payments for TRS/TRR premiums Published May 15, 2013 BUCKLEY AIR FORCE BASE, Colo. -- To avoid losing coverage, beneficiaries enrolled in TRICARE Reserve Select (TRS) or TRICARE Retired Reserve (TRR) who pay monthly premiums by check were requested to switch to an electronic form of payment. TRICARE will only accept monthly premium payments using recurring automatic payments by credit or debit card, or by recurring electronic funds transfer (EFT) from a linked bank account. To avoid confusion, beneficiaries should verify that their bank sends EFT payments electronically. The Defense Manpower Data Center notified current TRR and TRS beneficiaries directly by email, and new beneficiaries were informed in their welcome package information when enrolling. Electronic payments streamline account management and ensure continuous coverage for beneficiaries. Failure to pay premiums by the due date results in termination of coverage. Beneficiaries can contact their regional contractor to set up automatic payments and get more information. The May 31 deadline is fast approaching. "There are still a considerable number of Air Force reservists in the west region who have yet to establish their automated payment option with TRICARE for their monthly TRS/TRR premiums. This requirement in the west region is to be fulfilled by May 31. All impacted members are urged to take appropriate action." said James F. Walsh, Chief, Benefits & Entitlements Policy. "Those members who do not have this requirement established by May 31, 2013 will have their coverage suspended and possibly terminated for 12 months come June 1," he said. Contact information for each region is available online at www.TRICARE.mil/contacts.