I cant afford to pay a higher premium. What can I do?
All enrollees who are subject to a rate increase have the option to keep their premium approximately the same as it is now by downgrading from the 5% to the 4% Automatic Compound Inflation Option (ACIO). Making this change will cause the enrollees daily benefit amount (DBA) to increase more slowlyby 4% per year rather than 5%. For some enrollees, depending on their age, their daily benefit amount will actually increase slightly, as a starting point, in order to keep premiums approximately the same as they are now. If you would like to read a few examples of how this change from 5% to 4% would work, click here. More information on this option, and other choices available, is included in the mailings to those affected.
