Section 128.330  Premium Requirements

a)         Veterans enrolled in Veterans Care must pay a monthly premium as follows:

1)         Veterans Care Premium Level I:  $40 per month.

2)         Veterans Care Premium Level II:  $70 per month.

b)         No premium is charged for the first two months of prospective eligibility for first-time participants whose initial month of coverage, not counting backdated months, begins prior to January 1, 2008.

c)         Premiums are billed by and payable to the Department, or its authorized agent, on a monthly basis.

d)         The premium due date is the 20^th day of the month preceding the month of coverage.

e)         The premium may increase during the eligibility period if the Department makes a decision to increase premiums to keep the Program costs within available funding.

f)          Premiums for backdated months must be received by the 90^th day after the date of eligibility determination.  Coverage for backdated months is not provided if the payment is not received by the due date.