The intention of the new rate-setting mechanism in the CEIFB is not to cut rates but rather to ensure that rates charged to premium payers match the cost of running the program. That's why there's authority for the board to raise or lower, based on the needs in the program. The intention is not to have a go-forward cut of the rate premiums unless the program costs less.
On May 1st, 2008. See this statement in context.