MEDICAID AND MEDICARE ACCOUNTS Sample Clauses

MEDICAID AND MEDICARE ACCOUNTS. (a) The pledge of USML's Medicare Accounts and Medicaid Accounts is a legal, valid and binding obligation of USML enforceable in accordance with its terms and USML will promptly execute and deliver to NBD any instruments requested by NBD to evidence, renew, continue or perfect a security interest in such Medicare Accounts and Medicaid Accounts in NBD's favor. To the extent required by applicable law as in effect from time to time, USML has the absolute right to receipt of Qualified Medicare Accounts and Qualified Medicaid Accounts free and clear from any presently known (after due inquiry) contractual adjustments, setoffs, or demands for reimbursements, recoupment, "recapture" or other recovery of overpayment occurring for any period, or similar rights of the payors thereof. (b) USML participates in, and (to the extent payment is available under applicable statutes, regulations and administrative practices) receives payments under the Medicare, Medicaid and Blue Cross programs for its services provided to Medicare beneficiaries, Medicaid recipients and Blue Cross subscribers or enrollees and currently participates in such programs in Michigan and there are in effect agreements providing for payments to the USML with respect to patients enrolled in such programs or the provisions of services, goods, supplies or equipment to providers under such programs; and the business of USML has at all times been conducted, and will continue to be conducted, in compliance with all applicable federal and state Governmental Regulations, including without limitation, those relating to third party payment programs such as Medicare, Medicaid and Blue Cross/Blue Shield and referrals under such programs or any of them. (c) If the federal or state agencies or intermediaries or any Blue Cross and Blue Shield program making payments to USML for services performed or goods, supplies or equipment provided at any time make any contractual adjustment, set off, claim for reimbursement, recoupment or "recapture" or other recovery of overpayment occurring for any such period, then USML is responsible for such claims and to pay for the same promptly, subject, however, to USML's right to contest such claims or request reconsideration thereof, and each Obligor hereby indemnifies NBD against any and all costs or losses experienced by NBD (including amounts paid in settlement, interest, penalties, court costs and reasonable attorney's fees and expenses) in such event.
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Related to MEDICAID AND MEDICARE ACCOUNTS

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Employees may, at their option, make additional contributions through bi-weekly pre-tax payroll deduction as permitted by applicable law. 2. Blue Cross/Blue Shield of Michigan Community Blue PPO Option 3 Revised Plan with Blue Preferred Rx Prescription Drug Coverage with a 50% co-pay ($5 floor and a $50 ceiling). Employees shall pay the difference between the illustrated premium cost of this coverage and the amount of the Employer’s total contribution towards the cost of coverage under the H.S.A. Plan as described in Section 1 (a) (1), for the same level of benefit (i.e. single, employee/spouse, employee/child(ren) and family), or pay the difference between the total cost of such coverage and the maximum annual amount the Employer is permitted to pay under Section 3 of the Publicly Funded Health Insurance Contribution Act, Public Act 152 of the Michigan Public Acts of 2011, whichever results in the greater employee contribution. 3. 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(h) Each employee is responsible for notifying the Human Resources Department of any change in his status, which might affect his insurance coverage or benefits, such as, marriage, divorce, births, adoptions, deaths, etc.

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