Common use of Effective Date; Plan Year Clause in Contracts

Effective Date; Plan Year. This Agreement will become effective on the date established by BCN (“Effective Date”) and only after applicable premiums are paid, and it will continue unless terminated as provided in Section 14. Coverage is renewable annually if Group continues to meet eligibility requirements. The GHP’s Plan Year, as that term is defined in the Patient Protection and Affordable Care Act, as amended, and applicable regulations (collectively, “PPACA”), is the one year period beginning on the Effective Date and ending one year (or less) later on the last day of the month immediately preceding the month in which the Effective Date falls (“Effective Date Month”). Each Plan Year thereafter shall begin on the first day of the Effective Date Month and end one year later. Notwithstanding the foregoing, if Group identified a different Plan Year for the GHP when applying for coverage under this Agreement, which Plan Year must start the first day of a month (“Plan Year Start Date”), coverage shall begin on the Effective Date and shall continue until the end of the month immediately preceding the next Plan Year Start Date, which also shall be the first Renewal Date (as defined below). Thereafter, coverage under this Agreement shall commence on the Renewal Date and end one year thereafter. “Renewal Date” is the designated date upon which Group annually renews coverage and on which BCN’s rate re-determination for the next annual coverage period becomes effective. Group will notify BCN at least six months in advance of any change in the GHP Plan Year.

Effective Date; Plan Year. This Agreement will become effective on the date established by BCN BCBSM (“Effective Date”) and only after applicable premiums are paid, and it will continue unless terminated as provided in Section 1413. Coverage is renewable annually if Group continues to meet eligibility requirements. The GHP’s Plan Year, as that term is defined in the Patient Protection and Affordable Care Act, as amended, and applicable regulations (collectively, “PPACA”), is the one year period beginning on the Effective Date and ending one year (or less) later on the last day of the month immediately preceding the month in which the Effective Date falls (“Effective Date Month”). Each Plan Year thereafter shall begin on the first day of the Effective Date Month and end one year later. Notwithstanding the foregoing, if Group identified a different Plan Year for the GHP when applying for coverage under this Agreement, which Plan Year must start the first day of a month (“Plan Year Start Date”), coverage shall begin on the Effective Date and shall continue until the end of the month immediately preceding the next Plan Year Start Date, which also shall be the first Renewal Date (as defined below). Thereafter, coverage under this Agreement shall commence on the Renewal Date and end one year thereafter. “Renewal Date” is the designated date upon which Group annually renews coverage and on which BCNBCBSM’s rate re-determination for the next annual coverage period becomes effective. Group will notify BCN BCBSM at least six months in advance of any change in the GHP Plan Year.

Effective Date; Plan Year. This Agreement will become effective on the date established by BCN (“Effective Date”) and only after applicable premiums are paid, and it will continue unless terminated as provided in Section 1413. Coverage is renewable annually if Group continues to meet eligibility requirements. The GHP’s Plan Year, as that term is defined in the Patient Protection and Affordable Care Act, as amended, and applicable regulations (collectively, “PPACA”), is the one year period beginning on the Effective Date and ending one year (or less) later on the last day of the month immediately preceding the month in which the Effective Date falls (“Effective Date Month”). Each Plan Year thereafter shall begin on the first day of the Effective Date Month and end one year later. Notwithstanding the foregoing, if Group identified a different Plan Year for the GHP when applying for coverage under this Agreement, which Plan Year must start the first day of a month (“Plan Year Start Date”), coverage shall begin on the Effective Date and shall continue until the end of the month immediately preceding the next Plan Year Start Date, which also shall be the first Renewal Date (as defined below). Thereafter, coverage under this Agreement shall commence on the Renewal Date and end one year thereafter. “Renewal Date” is the designated date upon which Group annually renews coverage and on which BCN’s rate re-determination for the next annual coverage period becomes effective. Group will notify BCN at least six months in advance of any change in the GHP Plan Year.