Common use of Age Band Adjustment Clause in Contracts

Age Band Adjustment. Vermont Medicare Total Cost of Care per Beneficiary Growth calculations will be adjusted for age differences between Vermont Medicare Beneficiaries and National Medicare Beneficiaries. This age adjustment will be performed by calculating Vermont Medicare Total Cost of Care per Beneficiary Growth separately for the following age bands, and weighting the age bands according to the age distribution of National Medicare Beneficiaries: under 65, 65-74, 75- 84, 85 and over. CMS and the GMCB will jointly agree upon a methodology to calculate the age band adjustment.

Age Band Adjustment. Vermont Medicare Total Cost of Care per Beneficiary Growth calculations will be adjusted for age differences between Vermont Medicare Beneficiaries and National Medicare Beneficiaries. This age adjustment will be performed by calculating Vermont Medicare Total Cost of Care per Beneficiary Growth separately for the following age bands, and weighting the age bands according to the age distribution of National Medicare Beneficiaries: under 65, 65-74, 75- 75-84, 85 and over. CMS and the GMCB will jointly agree upon a methodology to calculate the age band adjustmentover 85.