Common use of Interim Checks/Corrective Action Plan Clause in Contracts

Interim Checks/Corrective Action Plan. If the state exceeds the calculated cumulative target limit for both Tests A and B combined by the percentage identified below for any of the DYs, the state shall submit a corrective action plan to CMS for approval. Year 1 Cumulative budget neutrality expenditure cap plus: 1 percent Year 2 Cumulative budget neutrality expenditure cap plus: 1 percent Year 3 Cumulative budget neutrality expenditure cap plus: 0.5 percent Year 4 Cumulative budget neutrality expenditure cap plus: 0.5 percent Year 5 Cumulative budget neutrality expenditure cap plus: 0 percent Year 6 Cumulative budget neutrality expenditure cap plus: 0 percent

Interim Checks/Corrective Action Plan. If the state State exceeds the calculated cumulative target limit for both Tests A and B combined by the percentage identified below for any of the DYs, the state State shall submit a corrective action plan to CMS for approval. Year 1 Cumulative budget neutrality expenditure cap plus: 1 percent Year 2 Cumulative budget neutrality expenditure cap plus: 1 percent Year 3 Cumulative budget neutrality expenditure cap plus: 0.5 percent Year 4 Cumulative budget neutrality expenditure cap plus: 0.5 percent Year 5 Cumulative budget neutrality expenditure cap plus: 0 percent Year 6 Cumulative budget neutrality expenditure cap plus: 0 percent