Page:United States Statutes at Large Volume 110 Part 1.djvu/324

 110 STAT. 300 PUBLIC LAW 104-106—FEB. 10, 1996 " (c) AGREEMENT WITH SECRETARY OF TRANSPORTATION.—The Secretary and the Secretary of Transportation shall enter into an agreement with respect to the administration of the insurance program for the Coast Guard Reserve. "§ 12523. Risk insured "(a) IN GENERAL. — The insurance program shall insure members of the Ready Reserve against the risk of being ordered into covered service. "(b) ENTITLEMENT TO BENEFITS.— (1) An insured member ordered into covered service shall be entitled to payment of a benefit for each month (and fraction thereof) of covered service that exceeds 30 days of covered service, except that no member may be paid under the insurance program for more than 12 months of covered service served during any period of 18 consecutive months. "(2) Payment shall be based solely on the insured status of a member and on the period of covered service served by the member. Proof of loss of income or of expenses incurred as a ^ result of covered service may not be required. "§ 12524. Enrollment and election of benefits "(a) ENROLLMENT.— (1) Except as provided in subsection (f), upon first becoming a member of the Ready Reserve, a member shall be automatically enrolled for coverage under the insurance program. An automatic enrollment of a member shall be void if within 60 days after first becoming a member of the Ready Reserve the member declines insurance under the program in accordance with the regulations prescribed by the Secretary. "(2) Promptly after the insurance program is established, the Secretary shall offer to members of the reserve components who are then members of the Ready Reserve (other than members ineligible under subsection (f)) an opportunity to enroll for coverage under the insurance program. A member who fails to enroll within 60 days after being offered the opportunity shall be considered as having declined to be insured under the program. "(3) A member of the Ready Reserve ineligible to enroll under subsection (f) shall be afforded an opportunity to enroll upon being released from active duty in accordance with regulations prescribed by the Secretary if the member has not previously had the opportunity to be enrolled under paragraph (1) or (2). A member who fails to enroll within 60 days after being afforded that opportunity shall be considered as having declined to be insured under the program. "(b) ELECTION OF BENEFIT AMOUNT.— The amount of a member's monthly benefit under an enrollment shall be the basic benefit under subsection (a) of section 12525 of this title unless the member elects a different benefit under subsection (b) of such section within 60 days after first becoming a member of the Ready Reserve or within 60 days after being offered the opportunity to enroll, as the case may be. "(c) ELECTIONS IRREVOCABLE. —(1) An election to decline insurance pursuant to paragraph (1) or (2) of subsection (a) is irrevocable. "(2) The amount of coverage may not be increased after enrollment. "(d) ELECTION TO TERMINATE.— ^A member may terminate an enrollment at any time.

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