Gap in Care All-In: Closure Rate (Applicable Book of Business Measurement Sample Clauses

Gap in Care All-In: Closure Rate (Applicable Book of Business Measurement. 3.1. CHLIC guarantees a 16% gap closure rate due to the Well-Informed Program during the applicable calendar year in accordance with CHLIC’s Performance Guarantee program. If CHLIC fails to achieve at least a 16% gap closure rate due to the Well-Informed Program as measured on an applicable book of business basis, then CHLIC will credit Employer the amount of $0.06 PEPM in accordance with this Performance Guarantee program. If Employer’s Plan Year commences on a date other than January 1, then the Performance Guarantee payment amount due and owing, if any, will be calculated on a pro-rated basis based on Employer’s actual Plan Year start date.
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