This program is administered
by the Managed Risk Medical Insurance Board (MRMIB).
How much will AIM Cost?
There is a small cost that you will have to pay to be an AIM subscriber, but it is the only amount you will have to pay. Unlike most insurance plans, AIM does not charge co-payments or deductibles.
- Your total cost will be exactly 1.5% of your adjusted annual household income after income deductions. This is a total cost, not a monthly premium.
- You may pay your 1.5% cost when you submit your application, or you may make monthly payments for one year. A $50 discount will be given if you send your full 1.5% cost with your application.
Your 1.5% cost covers you throughout your pregnancy and for 60 days after your pregnancy has ended. The AIM Program cannot cover any medical services you received after the 60th day from when your pregnancy ended. The chart below shows what your AIM cost will be.
Cost for Coverage for Your Baby
PLEASE NOTE: If your baby is enrolled in the Healthy Families Program, you will have to pay a low monthly premium. The amount of your monthly premium depends on which health plan your baby is enrolled in and if you have any other children enrolled in the Healthy Families Program. For questions regarding Healthy Families premiums, please call 1-800-433-2611.
Determining Your Cost for AIM
Calculations based on sample household scenario above. To calculate your own cost for AIM, use the chart after this one.
|Determining Your Cost for AIM
Calculations based on sample household scenario above.
To calculate your own cost for AIM, use the chart after this one.
|Gross Monthly Household Income||Determine the gross monthly household income. See Income Documentation for a listing of acceptable income to submit.||$3,500.00|
|Total Household Income Deductions||Determine the Total Income Deductions (example: two working adults; $90 work deduction for each adult, no other deductions ) See Income Deductions for a listing of other acceptable income deductions to apply||– $180.00|
|Adjusted Monthly Household Income||Subtract the Total Income Deductions from the Gross Monthly Income. This is the Adjusted Monthly Household Income. Look up this amount in the Income Guidelines chart to see if you may qualify for AIM.||= 3,320.00|
|Multiply the Adjusted Monthly Household Income by 12 months to determine the Adjusted Annual Household Income.||x 12 months|
|Adjusted Annual Household Income||This is the Adjusted Annual Household Income||= $39,840.00|
|Multiply the Adjusted Annual Household Income by 1.5% to calculate the cost to participate in the AIM program||x 1.5%|
|Total Annual AIM Contribution||This is the Total Cost to participate in the AIM Program.||= $597.60|