Common use of Blend Base Experience Years Clause in Contracts

Blend Base Experience Years. Each of the base experience years was trended to CY 2006. At this point, each base year was on a comparable basis and could be aggregated. The weighting was developed with the intention of placing more credibility on the most recent experience and is consistent with the CY 2007 methodology. Specifically, SFY 2005 received a weight of 30% and SFY 2006 received a weight of 70%.

Appears in 4 contracts

Samples: Provider Agreement (Wellcare Health Plans, Inc.), Provider Agreement (Molina Healthcare Inc), Provider Agreement (Molina Healthcare Inc)

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Blend Base Experience Years. Each of the base experience years was trended to CY 2006. At this point, each base year was on a comparable basis and could be aggregated. The weighting was developed with the intention of placing more credibility on the most recent experience and is consistent with the CY 2007 methodologyexperience. SpecificallyGenerally, SFY 2006 was given 70% weight except where insufficient experience existed in either SFY 2005 received a weight of 30% and or SFY 2006. In these situations, either SFY 2005 or SFY 2006 received a weight of 70%was given 100% credibility.

Appears in 2 contracts

Samples: Provider Agreement (Molina Healthcare Inc), Wellcare Health Plans, Inc.

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