Common use of Medicare Part D Clause in Contracts

Medicare Part D. a. The Medicare Part D baseline for the Part D Direct Subsidy will be set at the Part D national average monthly bid amount (NAMBA) for the calendar year. CMS will estimate an average monthly prospective payment amount for the low income cost-sharing subsidy and Federal reinsurance amounts; these payments will be reconciled after the end of each payment year in the same manner as for all Part D sponsors. The CY 2013 Part D NAMBA is $79.64.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

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Medicare Part D. a. 1. The Medicare Part D baseline for the Part D Direct Subsidy will be set at the Part D national average monthly bid amount (NAMBA) for the calendar year. CMS will estimate an average monthly prospective payment amount for the low income cost-cost- sharing subsidy and Federal federal reinsurance amounts; these payments will be reconciled after the end of each payment year in the same manner as for all Medicare Part D sponsors. 2. The CY 2013 2014 Part D NAMBA is $79.6475.88.

Appears in 1 contract

Samples: Memorandum of Understanding

Medicare Part D. a. 1. The Medicare Part D baseline for the Part D Direct Subsidy will be set at the Part D national average monthly bid amount (NAMBA) for the calendar year. CMS will estimate an average monthly prospective payment amount for the low income cost-cost- sharing subsidy and Federal reinsurance amounts; these payments will be reconciled after the end of each payment year in the same manner as for all Medicare Part D sponsors. 2. The CY 2013 2014 Medicare Part D NAMBA is $79.6475.88.

Appears in 1 contract

Samples: Memorandum of Understanding

Medicare Part D. a. The Medicare Part D baseline for the Part D Direct Subsidy will be set at the Part D national average monthly bid amount (NAMBA) for the calendar year. CMS will estimate an average monthly prospective payment amount for the low income cost-sharing subsidy and Federal federal reinsurance amounts; these payments will be reconciled after the end of each payment year in the same manner as for all Part D sponsors. The CY 2013 2014 Part D NAMBA is $79.6475.88. CMS will publish the CY 2015 NAMBA in August of 2014.

Appears in 1 contract

Samples: Memorandum of Understanding

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Medicare Part D. a. i. The Medicare Part D baseline for the Part D Direct Subsidy will be set at the Part D national average monthly bid amount (NAMBA) for the calendar year. CMS will estimate an average monthly prospective payment amount for the low income cost-cost- sharing subsidy and Federal reinsurance amounts; these payments will be reconciled after the end of each payment year in the same manner as for all Medicare Part D sponsors. ii. The CY 2013 2015 Medicare Part D NAMBA is $79.6470.18.

Appears in 1 contract

Samples: Memorandum of Understanding

Medicare Part D. a. 1. The Medicare Part D baseline for the Part D Direct Subsidy will be set at the Part D national average monthly bid amount (NAMBA) for the calendar year. CMS will estimate an average monthly prospective payment amount for the low income cost-sharing subsidy and Federal reinsurance amounts; these payments will be reconciled after the end of each payment year in the same manner as for all Medicare Part D sponsors. The CY 2013 Part D NAMBA is $79.64. CMS will publish the CY 2014 NAMBA in August 2013.

Appears in 1 contract

Samples: Memorandum of Understanding

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