Many Tricare users who pay annual or monthly enrollment fees or premiums must update their payment information by the end of the month -- or risk losing coverage. Retirees who use Tricare Prime pay an annual enrollment fee for coverage, while those in Tricare Reserve Select, Retired Reserve and Young Adult, known as "purchased plans," pay monthly premiums. For more details, see this Military.com article.
Many Tricare Users Must Update Payment Information Soon
