Examples of Advance Payments in a sentence
Claims for services rendered after expiration of the first month of the grace period for recipients of Advance Payments of the Premium Tax Credit, as set forth in Sections 3.2B.
In case of partial payment(s), the Agency shall deduct from the corresponding invoice(s) relative to the same milestone any outstanding amount of the Advance Payment(s) still to be off-set.
If a Subscriber or Member (i) receives Advance Payments of the Premium Tax Credit, made to them by the Exchange or to CareFirst BlueChoice on their behalf, and (ii) has paid at least one month’s full Premium due during the Calendar Year, there is a grace period of three (3) months beginning on the Premium Due Date within which overdue Premiums can be paid without loss of coverage.
Excess funding (or funding due) is determined based on the State’s share of the prior Advance Payments as compared to the State’s Share of expenses (net of retention) documented within TRLIA’s Statement of Costs.
The method of payment for this contract is a combination of Fixed-Fee/Unit Rate, and Advance Payments subject to the availability of funds and Sub-Recipient performance.