Common use of Financial Data Reporting Clause in Contracts

Financial Data Reporting. The Contractor agrees to comply with the Rhode Island Medicaid Managed Care Health Plan Financial Reporting. Such compliance includes, but is not limited to, the submission of the following reports: • Annual NAIC Financial Statements, including Risk Based Capital Reports; • The Contractor’s Annual Audited Financial Statements; • The Contractor’s Annual Report to Owners, Shareholders, members, and Others; • Quarterly NAIC Financial Statements; • Company's General Liability and Directors' and Officer's Insurance Coverages; • Claims Reinsurance Coverage and attachment points; • Where applicable, evidence that the parent Company provides one hundred percent (100%) of subsidiary's financial backing. • The Contractor’s Risk/Gain Share Statements; • Financial Data Cost Report • Annual MLR Statement using the Medicaid Managed Care Program: Medical Loss Ratio Calculation workbook and template provided by EOHHS. • Any other additional reports required due to special circumstances, studies, analyses, audits, and significant changes in the Contractor’s financial position or performance. The Contractor agrees to comply in a timely and complete manner with all financial reporting requirements

Financial Data Reporting. The Contractor agrees to comply with the Rhode Island Medicaid Managed Care Health Plan Financial ReportingReporting Program. Such compliance includes, but is not limited to, the submission of the following reports: • Annual NAIC Financial Statements, including Risk Based Capital Reports; • The Contractor’s Annual Audited Financial Statements; • The Contractor’s Annual Report to Owners, Shareholders, members, and Others; • Quarterly NAIC Financial Statements; • Monthly Financial Statements; • Company's General Liability and Directors' and Officer's Insurance Coverages; • Claims Reinsurance Coverage and attachment points; • Where applicable, evidence that the parent Company provides one hundred percent (100%) of subsidiary's financial backing. • The Contractor’s Risk/Gain Share Statements; • Financial Data Cost Report • Annual MLR Statement using the Medicaid Managed Care Program: Medical Loss Ratio Calculation workbook and template provided by EOHHS. • Any other additional reports required due to special circumstances, studies, analyses, audits, and significant changes in the Contractor’s financial position or performance. The Contractor agrees to comply in a timely and complete manner with all financial reporting requirements