Common use of Material Adjustment Clause in Contracts

Material Adjustment. An adjustment that, using reasonable actuarial judgment, has a significant impact on the development of the capitation payment such that its omission or misstatement could impact a determination whether the development of the capitation rate is consistent with generally accepted actuarial principles and practices.

Appears in 16 contracts

Samples: Contract Between the State of Mississippi Division of Medicaid and a Coordinated Care Organization (Cco), Contract Between the State of Mississippi Division of Medicaid and a Coordinated Care Organization (Cco), Contract Between the State of Mississippi Division of Medicaid and a Coordinated Care Organization (Cco)

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Material Adjustment. An adjustment that, using reasonable actuarial judgment, has a significant impact on the development of the capitation payment such that its omission or misstatement could impact affect a determination of whether the development of the capitation rate is consistent with generally accepted actuarial principles and practices.

Appears in 3 contracts

Samples: Contractual Agreement, Contractual Agreement, Contractual Agreement

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Material Adjustment. An adjustment that, using reasonable actuarial judgment, has a significant impact on the development of the capitation payment Capitation Payment such that its omission or misstatement could impact a determination whether the development of the capitation rate Capitation Rate is consistent with generally accepted actuarial principles and practices.. [42 C.F.R. § 438.2]

Appears in 1 contract

Samples: Medicaid Managed Care Services Agreement

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