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 Covered California Enrollees for the period of time prior to the date of termination and Covered California 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.

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 Covered California Enrollees for the period of time prior to the date of termination and Covered California Enrollees shall be entitled to a refund of the balance of the month. Contractor shall follow the methodology specified in 10 CCR § 6500 (i6500(i) for the refund of any excess premiums paid. The same methodology shall apply to proration of APTC and CSR amounts premium for a coverage lasting less than one month.month shall equal the product of:

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 Covered California Enrollees for the period of time prior to the date of termination and Covered California 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.