Benefit Funding. The Parties agree that the benefits provided under the collective agreement shall be maintained unless amended by the trustees.
Benefit Funding. The Customer shall choose one of the banking facilities offered by Aetna through which Plan benefit payments, Service Fees and Plan benefit related charges will be made. All such amounts will be paid through the banking facility by check, electronic funds transfer or other reasonable transfer methods. The Customer shall reimburse the banking facility for all such payments on the day of the request. All such reimbursements will be made by wire transfer in federal funds using the instructions provided by Aetna, or by another transfer method agreed upon by both parties. Since funding is provided on a checks issued basis, Customer and Aetna agree that outstanding payments to providers (e.g., uncashed checks or checks not presented for payment) will be handled in the manner indicated and memorialized by the Parties in a separate form letter. The terms and conditions of this Agreement shall apply to that letter. In the event that Aetna has exercised its right to suspend claim payments or terminate this Agreement as stated in section 17(B) (Termination), Aetna may place a stop payment order on all of the Customer’s outstanding benefit checks.
Benefit Funding. GovGuam shall choose one of the banking facilities offered by Company through which Plan benefit payments, Service Fees and Plan benefit related charges will be made. All such amounts will be paid through the banking facility by check, electronic funds transfer or other reasonable transfer methods. GovGuam shall reimburse the banking facility for all such payments on the day of the request. All such reimbursements will be made by wire transfer in federal funds using the instructions provided by Company, or by another transfer method agreed upon by both parties. Since funding is provided on a checks issued basis, GovGuam and Company agree that outstanding payments to providers (e.g., uncashed checks or checks not presented for payment) will be handled in the manner indicated and agreed upon. In the event that Company has exercised its right to suspend claim payments or terminate this Agreement as stated in section 17(B) (Termination), Company may place a stop payment order on all of GovGuam’s outstanding benefit checks.
Benefit Funding. GovGuam shall choose one of the banking facilities offered by **COMPANY** through which Plan benefit payments, Service Fees and Plan benefit related charges will be made. All such amounts will be paid through the banking facility by check, electronic funds transfer or other reasonable transfer methods. GovGuam shall reimburse the banking facility for all such payments on the day of the request. All such reimbursements will be made by wire transfer in federal funds using the instructions provided by **COMPANY**, or by another transfer method agreed upon by both parties. Since funding is provided on a checks issued basis, GovGuam and **COMPANY** agree that outstanding payments to providers (e.g., uncashed checks or checks not presented for payment) will be handled in the manner indicated and agreed upon. In the event that **COMPANY** has exercised its right to suspend claim payments or terminate this Agreement as stated in section 17(B) (Termination), **COMPANY** may place a stop payment order on all of GovGuam’s outstanding benefit checks.
Benefit Funding
