Portability | HUD.gov / U.S. Department of Housing and Urban ...
"Portability" in the HCV program refers to the process through which the family can transfer or "port" their rental subsidy when they move to a location outside the jurisdiction of the public housing agency (PHA) that first gave them the voucher when they were selected for the program.
The following table has an example of the Portability Administrative Fee calculation, based on a Column B rate of $60.59 for the initial PHA and $42.05 for the receiving PHA and assumes a proration at 90%. HUD’s recommendation is to apply the proration for billing purposes prospectively, considering the date your housing agency
portability are found at 24 CFR 982.353 through 982.355. Program regulations were revised through the publication of “Housing Choice Voucher Program: Streamlining the Portability Process” (also referred to as the portability rule, 80 FR 50564, published in the Federal Register on August 20, 2015).
Note: If your plan has AD&D, your AD&D rates will match the inforce AD&D rates. Portability rates for the entire block of individuals may change at any time in the event of poor experience or due to legislative or other mandated changes which affect the risk.
Rates may change as the insured enters a higher age category; also, rates may change if plan experience requires a change for all insureds. This Material is for informational or educational purposes only.
premium rates shown below will help you understand what you can expect to pay for continued coverage if you exercise your right to port your coverage and agree to pay premium directly to The Hartford.
Unum Portability Rates for Voluntary Life and AD&D: Your rate is based on your insurance age, which is your age immediately prior to and including the anniversary/effective date.
An individual’s Portability rate changes as they attain the next age based on the five year age brackets. An individual’s rates are not frozen at the age in which they ported. Portability premium is based on a monthly rate per $1,000 of coverage that is billed quarterly. So for billing purposes the monthly rate is tripled.
PORT RATES —Rate Table 48— Tobacco 0-24 25-29 30-34 35-39 40-44 45_ 49 50 — 55- 59 60 65- 69 74 70- 75- Monthly Rate Per $1.000 $.16 $.16 $.21 $.30 $.45 $.76 ... Portability rates for the entire block of individuals may change at any time in the event of poor experience or due to legislative or other mandated
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Fact Sheet - Portability - Life CXC Series - Unum America HL 10177-A First Unum Life Insurance Company - Disability Income Insurance Required Disclosure Statement