Common use of Market-Specific Benefit Program Clause in Contracts

Market-Specific Benefit Program. PacifiCare may establish, at its sole discretion, an annual Market-Specific Benefit Program (the “MSBP”). The MSBP is designed to provide an incentive to control costs for certain additional benefits (the “MSBP Benefits”) offered to Secure Horizons Members, as defined in the applicable Subscriber Agreement, for the purpose of enhancing the marketability of the Secure Horizons Health Plan. The MSBP may include the following additional benefits and may be amended from time to time by PacifiCare to reflect changes in the benefits: Dental Benefits Immunosuppressive Drugs Outpatient Pharmacy Benefits Respite Care PacifiCare shall retain eight percent (8%) of the Monthly HCFA Payment (the “MSBP Budget”) and add to it sixty four cents ($0.64) per Secure Horizons Plan Member per month, which amount is established as a credit for rebates received from pharmaceutical manufacturers. This credit may or may not reflect the total pharmaceutical manufacturer rebate revenues received by PacifiCare for purposes of funding and administering the MSBP. The MSBP shall be calculated as follows:

Appears in 2 contracts

Samples: Medical Group Services Agreement (Prospect Medical Holdings Inc), Medical Group/Ipa Services Agreement (Prospect Medical Holdings Inc)

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Market-Specific Benefit Program. PacifiCare may establish, at its sole discretion, an annual Market-Specific Benefit Program (the “MSBP”). The MSBP is designed to provide an incentive to control costs for certain additional benefits (the “MSBP Benefits”) offered to Secure Horizons Members, as defined in the applicable Subscriber Agreement, for the purpose of enhancing the marketability of the Secure Horizons Health Plan. The MSBP may include the following additional benefits and may be amended from time to time by PacifiCare to reflect changes in the benefits: Dental Benefits Immunosuppressive Drugs Outpatient Pharmacy Benefits Respite Care PacifiCare shall retain eight seven percent (87%) of the Monthly HCFA CMS Payment (the “MSBP Budget”) and add to it sixty four cents Sixty – Four Cents ($0.64) per Secure Horizons Plan Member per month, which amount is established as a credit for rebates received from pharmaceutical manufacturers. This credit may or may not reflect the total pharmaceutical manufacturer rebate revenues received by PacifiCare for purposes of funding and administering the MSBP. The MSBP shall be calculated as follows:

Appears in 1 contract

Samples: Professional Capitation Medical Group/Ipa Services Agreement (Prospect Medical Holdings Inc)

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Market-Specific Benefit Program. PacifiCare may establish, at its sole discretion, an annual Market-Specific Benefit Program (the “MSBP”). The MSBP is designed to provide an incentive to control costs for certain additional benefits (the “MSBP Benefits”) offered to Secure Horizons Members, as defined in the applicable Subscriber Agreement, for the purpose of enhancing the marketability of the Secure Horizons Health Plan. The MSBP may include the following additional benefits and may be amended from time to time by PacifiCare to reflect changes in the benefits: Dental Benefits Immunosuppressive Drugs Outpatient Pharmacy Benefits Respite Care PacifiCare shall retain eight seven percent (87%) of the Monthly HCFA Payment (the “MSBP Budget”) and add to it sixty sixty-four cents ($0.64) per Secure Horizons Plan Member per month, which amount is established as a credit for rebates received from pharmaceutical manufacturers. This credit may or may not reflect the total pharmaceutical manufacturer rebate revenues received by PacifiCare for purposes of funding and administering the MSBP. The MSBP shall be calculated as follows:

Appears in 1 contract

Samples: Medical Group Services Agreement (Prospect Medical Holdings Inc)

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