Policy lags arise because government actions are not instantaneous. The use of any stabilization policy encounters time lags between the onset of an economic problem, such as a business-cycle contraction or the onset of inflation, and the full impact of the policy designed to correct the problem.
TRICARE Reserve Select is a premium-based plan availalbe worldwide for qualified Selected Reserve members of the Ready Reserve and their families. If purchased, TRICARE Reserve Select is minimum essential coverage under the Affordable Care Act.
TRICARE Standard was a benefit for retired Guardmembers aged 60-65. As of January 1, TRICARE Extra and TRICARE Standard merged into one system known as TRICARE Select. The merger is a result of legislation passed by Congress in 2017.