TN 21 (09-01)
The premium is the monthly amount that the individual who is enrolled in SMI must pay.
The announced or promulgated premium is the amount announced by the Secretary of HHS each September that covers 25 percent
of expected program costs for the following calendar year.
A premium is due for each month of SMI coverage. The premium payable is increased
if the individual enrolls late.
The amount of the base premium for 2002 is $54.00.