Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

If current enrollees choose to remain with their current benefit structure, will their premiums change?

April 26, 2017benefit enrollees premiums remain structure

0

Posted

If current enrollees choose to remain with their current benefit structure, will their premiums change?

1 Answer

0

Posted

If they have the Future Purchase Option, they will not see a premium increase. If they purchased their coverage at age 70 or older, they will not see a premium increase. If they have the Automatic Compound Inflation Option and they purchased the coverage when they were under age 70, and they choose to remain with the same benefits they have now, their premiums will increase on or about January 1, 2010.