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 premium for coverage lasting less than one month shall equal the product of: (1) The premium for one month of coverage divided by the number of Days in the month; and (2) The number of Days for which coverage is being provided in the month.
Appears in 6 contracts
Samples: Covered California Qualified Dental Plan Issuer Contract, Covered California Qualified Dental Plan Issuer Contract, Qualified Dental Plan Issuer Contract
