°          Rates vary by group.

°          Employees are given a rate chart with the application. It is included in the enrollment kit.

°          Payments can be EFT (upon request; monthly, quarterly, semi-annually, or annually) or premium notice (quarterly, semi-annually, annually). We will use this Aetna EFT Authorization Form. APO Form - MQSA (1104APO).doc

°          EFT debits will occur on the 15^th or the 24^th. If the first EFT attempt on the 15^th fails for insufficient funds, a rebill will be performed on the 24^th. If the first attempt is made on the 24^th and it fails, a rebill will be attempted on the 5^th. After two failed attempts, the billing mode will be changed to quarterly direct bill and an invoice will be issued. The initial invoice will request enough premium to bring the insured’s paid-to date to the next calendar quarter.

°          Currently, McCamish is withdrawing EFT payments on 16^th or last day of the month. SelmanCo. will be changing those EFT billing dates to the 15^th OR 24^th. Insureds can later change their billing date to the 5^th, 15^th, or 24^th by completed an EFT Authorization form.  

°          Adult rates increase gradually in five-year age bands (ages ending in 0 and 5). Child rates will not have an increase band. 

°          Age-related rate increases take effect on the January 1^st next following the insured’s attainment of the specified age.

°          Rates are tobacco-specific. Aetna has advised that nicotine gum and smokeless cigarettes are NOT considered tobacco products.

°          Use this Port Rate Chart to find rate tables for existing insureds.  Plan Summary & Rates- Port.xlsm