Common use of Covered California for Small Business Participation Fees and Agent Compensation Clause in Contracts

Covered California for Small Business Participation Fees and Agent Compensation. a) Contractor understands and agrees that (i) under the Affordable Care Act and the California Affordable Care Act, Covered California may generate funds through a participation fee (“Participation Fees”) on Contractor’s QHPs and (ii) Covered California shall collect Participation Fee and distribution related expenses from premiums remitted by Employers and Employees.

Appears in 4 contracts

Samples: Qualified Health Plan Issuer Contract, Qualified Health Plan Issuer Contract, Qualified Health Plan Issuer Contract

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Covered California for Small Business Participation Fees and Agent Compensation. a) Contractor understands and agrees that (i) under the Affordable Care Act and the California Affordable Care Act, Covered California the Exchange may generate funds through a participation fee (“Participation Fees”) on Contractor’s QHPs and (ii) Covered California The Exchange shall collect Participation Fee and distribution related expenses Agent and General Agent compensation from premiums remitted by Employers and Employees.

Appears in 2 contracts

Samples: Qualified Health Plan Issuer Contract, Qualified Health Plan Issuer Contract

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