Common use of Medical Loss Ratio Adjustment Clause in Contracts

Medical Loss Ratio Adjustment. Annually on a state fiscal year basis, the total annual Capitation Payment made to the Contractor for the combined ACA and Non-ACA populations and their associated healthcare costs shall be evaluated against a ninety (90) percent Minimum Medical Loss Ratio (MLR) Requirement to determine whether a Payment Adjustment is warranted (determined pursuant to Appendix E “Medical Loss Ratio Calculation.” A Payment Adjustment (premium refund) shall occur if:

Appears in 5 contracts

Samples: Contract, Contract, Contract

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.