---
kind: "section"
citation: "10 U.S.C. § 12526"
title: "10"
title_heading: "Armed Forces"
number: "12526"
heading: "Premiums"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/10/12526"
units:
  - "Subtitle E — Reserve Components"
  - "Part II — Personnel Generally"
  - "Chapter 1214 — Ready Reserve Mobilization Income Insurance"
---

# §12526. Premiums

- (a) **Establishment of Rates.—**
  - (1) The [Secretary](/usc/10/12521.md?p=4), in consultation with the [Board of Actuaries](/usc/10/12521.md?p=6), shall prescribe the premium [rates](/usc/10/101.md?p=b-9) for insurance under the [insurance program](/usc/10/12521.md?p=1).
  - (2) The [Secretary](/usc/10/12521.md?p=4) shall prescribe a fixed premium [rate](/usc/10/101.md?p=b-9) for each $1,000 of monthly insurance benefit. The premium amount shall be equal to the share of the cost attributable to insuring the member and shall be the same for all members of the Ready [Reserve](/usc/10/101.md?p=c-6) who are insured under the [insurance program](/usc/10/12521.md?p=1) for the same benefit amount. The [Secretary](/usc/10/12521.md?p=4) shall prescribe the [rate](/usc/10/101.md?p=b-9) on the basis of the best available estimate of risk and financial exposure, levels of subscription by members, and other relevant factors.
- (b) **Level Premiums.—** The premium [rate](/usc/10/101.md?p=b-9) prescribed for the first year of insurance coverage of an [insured member](/usc/10/12521.md?p=3) shall be continued without change for subsequent years of insurance coverage, except that the [Secretary](/usc/10/12521.md?p=4), after consultation with the [Board of Actuaries](/usc/10/12521.md?p=6), may adjust the premium [rate](/usc/10/101.md?p=b-9) in order to [fund](/usc/10/12521.md?p=7) inflation-adjusted benefit increases on an actuarially sound basis.

## Source credit

(Added Pub. L. 104–106, div. A, title V, § 512(a)(1), Feb. 10, 1996, 110 Stat. 301.)