Common use of Mid-Month Termination Clause in Contracts

Mid-Month Termination. For a termination of this Agreement that occurs during the middle of any month, the premium for that month shall be apportioned on a pro rata basis. Contractor shall be entitled to premiums from Enrollees for the period of time prior to the date of termination and Enrollees shall be entitled to a refund of the balance of the month.

Appears in 28 contracts

Samples: Qualified Health Plan Issuer Contract, Qualified Health Plan Issuer Contract, Qualified Health Plan Issuer Contract

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Mid-Month Termination. For a termination of this Agreement that occurs during the middle of any month, the premium for that month shall be apportioned on a pro rata basis. Contractor shall be entitled to premiums from Enrollees for the period of time prior to the date of termination and Enrollees shall be entitled to a refund of the balance of the month. Contractor shall follow the methodology specified in 10 CCR § 6500 (i) for the refund of any excess premiums paid. The same methodology shall apply to proration of APTC and CSR amounts for a coverage lasting less than one month.

Appears in 7 contracts

Samples: Qualified Health Plan Issuer Contract, Qualified Health Plan Issuer Contract, Qualified Health Plan Issuer Contract

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Mid-Month Termination. For a termination of this Agreement that occurs during the middle of any month, the premium for that month shall be apportioned on a pro rata basis. . Contractor shall be entitled to premiums from Enrollees for the period of time prior to the date of termination and Enrollees shall be entitled to a refund of the balance of the month. . Contractor shall follow the methodology specified in 10 CCR § 6500 (i) for the refund of any excess premiums paid. The same methodology shall apply to proration of APTC and CSR amounts for a coverage lasting less than one month.

Appears in 1 contract

Samples: Qualified Health Plan Issuer Contract

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