Common use of Loss of Eligibility of Subscriber Clause in Contracts

Loss of Eligibility of Subscriber. It is the responsibility of Subscribing Group to notify AvMed in writing within 30 days after the effective date of termination regarding any Subscriber or Covered Dependent who becomes ineligible to participate in the Plan. Failure of the Subscribing Group to provide timely written notice may lead to retroactive termination of the Subscriber or Covered Dependent. The effective date for such retroactive termination will be the last day of the month for which the Premium was received by AvMed and during which the Subscriber and any Covered Dependents were eligible for coverage. Retroactive adjustments in coverage will only be done for up to a 60-day period from the date of notification.