Common use of Grace Period for Recipients of Advance Payments of the Premium Tax Credit Clause in Contracts

Grace Period for Recipients of Advance Payments of the Premium Tax Credit. If a Subscriber or Member (i) receives Advance Payments of the Premium Tax Credit, made to them by the Exchange or to CareFirst BlueChoice on their behalf, and (ii) has paid at least one month’s full Premium due during the Calendar Year, there is a grace period of three (3) months beginning on the Premium Due Date within which overdue Premiums can be paid without loss of coverage. The grace period begins on the Premium Due Date. If Premiums are not received by the Premium Due Date, CareFirst BlueChoice will notify the Subscriber in writing of the overdue Premiums. This grace period will apply as follows: 1. If CareFirst BlueChoice or the Exchange receives payment of all Premiums due prior to the end of this grace period, coverage will continue without interruption. 2. If CareFirst BlueChoice or the Exchange does not receive payment of all Premiums due prior to the end of this grace period, this Agreement, and the enrollment of the Subscriber and any Dependents, shall be terminated as set forth in Section 4.2B. 3. The grace period provided in Section 3.2A above shall not apply if the Subscriber receives the grace period under this provision.

Grace Period for Recipients of Advance Payments of the Premium Tax Credit. If a Subscriber or Member (i) receives Advance Payments of the Premium Tax Credit, made to them by the Exchange or to CareFirst BlueChoice on their behalf, and (ii) has paid at least one month’s full Premium due during the Calendar Year, there is a grace period of three (3) months beginning on the Premium Due Date within which overdue Premiums can be paid without loss of coverage. The grace period begins on the Premium Due Date. If Premiums are not received by the Premium Due Date, CareFirst BlueChoice will notify the Subscriber in writing of the overdue Premiums. This grace period will apply as follows: 1. If CareFirst BlueChoice or the Exchange receives payment of all Premiums due prior to the end of this grace period, coverage will continue without interruption. 2. If CareFirst BlueChoice or the Exchange does not receive payment of all Premiums due prior to the end of this grace period, this Agreement, and the enrollment of the Subscriber and any Dependents, shall be terminated as set forth in Section 4.2B. 3. The grace period provided in Section 3.2A above shall not apply if the Subscriber receives the grace period under this provision.

Grace Period for Recipients of Advance Payments of the Premium Tax Credit. If a Subscriber or Member (i) receives Advance Payments of the Premium Tax Credit, made to them by the Exchange or to CareFirst BlueChoice on their behalf, and (ii) has paid at least one month’s full Premium due during the Calendar Year, there is a grace period of three (3) months beginning on following the Premium Due Date within which overdue Premiums can be paid without loss of coverage. The grace period begins on the day after the Premium Due Date. The grace period of three (3) months will be granted for the payment of each Premium falling due after the initial Premium, during which grace period this Agreement shall continue in force. If Premiums are not received by the Premium Due Date, CareFirst BlueChoice will notify the Subscriber in writing of the overdue Premiums. This grace period will apply as follows: 1. If CareFirst BlueChoice or the Exchange receives payment of all Premiums due prior to the end of this grace period, coverage will continue without interruption. 2. If CareFirst BlueChoice or the Exchange does not receive payment of all Premiums due prior to the end of this grace period, this Agreement, and the enrollment of the Subscriber and any Dependents, shall be terminated as set forth in Section 4.2B. 3. The grace period provided in Section 3.2A above shall not apply if the Subscriber receives the grace period under this provision.