Common use of Covered California for Small Business Rates Clause in Contracts

Covered California for Small Business Rates. Covered California for Small Business rates will be established through an annual bid Application process. Contractor shall also submit rate information in such form and at such date as shall be established by Covered California to provide Covered California with sufficient time for necessary analysis and actuarial certification. Covered California will permit an update of rates to be offered on Covered California for Small Business no more frequently than on a quarterly basis. Contractor may choose to make quarterly rate updates for the second, third and fourth quarters by submitting rate updates at least 120 days prior to the quarter begin date. Following applicable regulator rate review, quarterly rate updates shall be in effect for the 12- month period subsequent to the initial effective dates for all employer groups. Updates can only be made on the calendar quarter or such later time as Covered California and Contractor agree to.

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 Rates. Covered California for Small Business rates will be established through an annual bid Application process. Contractor shall also submit rate information in such form and at such date as shall be established by Covered California to provide Covered California with sufficient time for necessary analysis and actuarial certification. Covered California will permit an update of rates to be offered on Covered California for Small Business no more frequently than on a quarterly basis. Contractor may choose to make quarterly rate updates for the second, third and fourth quarters by submitting rate updates at least 120 days prior to the quarter begin date. Following applicable regulator rate review, quarterly rate updates shall be in effect for the 12- 12-month period subsequent to the initial effective dates for all employer groups. Updates can only be made on the calendar quarter or such later time as Covered California and Contractor agree to.

Appears in 2 contracts

Samples: Covered California for Small, Covered California for Small

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Covered California for Small Business Rates. Covered California for Small Business rates will be established through an annual bid Application process. Contractor shall also submit rate information in such form and at such date as shall be established by Covered California to provide Covered California with sufficient time for necessary analysis and actuarial certification. Covered California will permit an update of rates to be offered on Covered California for Small Business no more frequently than on a quarterly basis. Contractor may choose to make quarterly rate updates for the second, third and fourth quarters by submitting rate updates at least 120 days Days prior to the quarter begin date. Following applicable regulator rate review, quarterly rate updates shall be in effect for the 12- 12-month period subsequent to the initial effective dates for all employer groups. Updates can only be made on the calendar quarter or such later time as Covered California and Contractor agree to.

Appears in 1 contract

Samples: Qualified Health Plan Issuer Contract

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