Global Payment Rate Methodology Sample Clauses

Global Payment Rate Methodology. OHA has developed actuarially set Adjusted Per Capita Costs (Capitation Rates) to reimburse plans for providing the Covered Services. A full description of the methodology used to calculate per capita costs may be found in the OHA document “Healthier Oregon Program (HOP) 2024 Actuarial Certification - State-Funded.” The Actuarial Report is available at xxxxx://xxx.xxxxxx.xxx/oha/HPA/ANALYTICS/Pages/OHP-Rates.
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Global Payment Rate Methodology a. OHA has developed actuarially set Adjusted Per Capita Costs (Capitation Rates) to reimburse plans for providing the Covered Services. A full description of the methodology used to calculate per capita costs may be found in the OHA document “OHP Bridge - Basic Health Program (BHP) 2024 Actuarial Certification.” Actuarial Reports are available at xxxxx://xxx.xxxxxx.xxx/oha/HPA/ANALYTICS/Pages/OHP-Rates.aspx. Actuarial Reports are not part of this Contract, and except where specifically referred to herein, may not be used in the interpretation or construction of this Contract. b. Capitation Rates paid to Contractor may include a component of Performance Based Reward (PBR) program similar to provisions incorporated in the State 1115 Waiver. The waiver specifies that OHA will fund Health-Related Services (HRS) through the Oregon Health Plan and establish financial incentives for successful HRS spending. The purpose of the PBR program is to incentivize Coordinated Care Organizations (CCOs) to pay for HRS that will improve health and reduce medical cost. The PBR program pays a variable underwriting margin to CCOs based on their HRS investments and success in controlling overall cost growth as well as an assessment of Quality Measures. The PBR formula contains limits to ensure that the impact on Capitation Rates remains within actuarially sound limits. Contractor’s participation in the PBR program is voluntary, and the conditions of that participation will be communicated by OHA, via Administrative Notice, to Contractor in connection with Capitation Rates development. The amount of overall PBR funds available, specific formula parameters, and the resulting calculations are provided in the Actuarial Report referenced in Paragraph a. above of this Section 7.
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Related to Global Payment Rate Methodology

  • Interest Rates; Benchmark Notification The interest rate on a Loan denominated in dollars may be derived from an interest rate benchmark that may be discontinued or is, or may in the future become, the subject of regulatory reform. Upon the occurrence of a Benchmark Transition Event, Section 2.14(b) provides a mechanism for determining an alternative rate of interest. The Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission, performance or any other matter related to any interest rate used in this Agreement, or with respect to any alternative or successor rate thereto, or replacement rate thereof, including without limitation, whether the composition or characteristics of any such alternative, successor or replacement reference rate will be similar to, or produce the same value or economic equivalence of, the existing interest rate being replaced or have the same volume or liquidity as did any existing interest rate prior to its discontinuance or unavailability. The Administrative Agent and its affiliates and/or other related entities may engage in transactions that affect the calculation of any interest rate used in this Agreement or any alternative, successor or alternative rate (including any Benchmark Replacement) and/or any relevant adjustments thereto, in each case, in a manner adverse to the Borrower. The Administrative Agent may select information sources or services in its reasonable discretion to ascertain any interest rate used in this Agreement, any component thereof, or rates referenced in the definition thereof, in each case pursuant to the terms of this Agreement, and shall have no liability to the Borrower, any Lender or any other person or entity for damages of any kind, including direct or indirect, special, punitive, incidental or consequential damages, costs, losses or expenses (whether in tort, contract or otherwise and whether at law or in equity), for any error or calculation of any such rate (or component thereof) provided by any such information source or service.

  • Interest Rates and Payment Dates (a) Each Eurodollar Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Eurodollar Rate determined for such day plus the Applicable Margin. (b) Each ABR Loan shall bear interest at a rate per annum equal to the ABR plus the Applicable Margin. (i) If all or a portion of the principal amount of any Loan or Reimbursement Obligation shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), all outstanding Loans and Reimbursement Obligations (whether or not overdue) shall bear interest at a rate per annum equal to (x) in the case of the Loans, the rate that would otherwise be applicable thereto pursuant to the foregoing provisions of this Section plus 2% or (y) in the case of Reimbursement Obligations, the rate applicable to ABR Loans under the Revolving Facility plus 2%, and (ii) if all or a portion of any interest payable on any Loan or Reimbursement Obligation or any commitment fee or other amount payable hereunder shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), such overdue amount shall bear interest at a rate per annum equal to the rate then applicable to ABR Loans under the relevant Facility plus 2% (or, in the case of any such other amounts that do not relate to a particular Facility, the rate then applicable to ABR Loans under the Revolving Facility plus 2%), in each case, with respect to clauses (i) and (ii) above, from the date of such non-payment until such amount is paid in full (as well after as before judgment). (d) Interest shall be payable in arrears on each Interest Payment Date, provided that interest accruing pursuant to paragraph (c) of this Section shall be payable from time to time on demand.

  • Accrual Rates All eligible employees shall accrue vacation pay according to the following rates:

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