Common use of New City Healthcare Contribution Formula (CHC Contribution) Clause in Contracts

New City Healthcare Contribution Formula (CHC Contribution). The Average NHC Trend increase shall be calculated by using a weighted average of the Medical Trend Average (MTA) at 87.3% (.873), the Dental Trend Average (DTA) at 11.8% (.118), and the Vision Trend Average VTA) at 0.9% (.009). *In calculating the New CHC Contribution, percentages shall be rounded to three decimal places and dollars shall be rounded to the nearest xxxxx.

Appears in 8 contracts

Samples: Agreement, Agreement, Agreement

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