Notification of Incorrect Payments Sample Clauses

Notification of Incorrect Payments. Notwithstanding Corrected Claim, above, Group agrees to notify The Plan of receipt of any incorrect payment of which it is aware, including underpayments, duplicate payments, or overpayments, within thirty (30) days of discovering the incorrect payment. This obligation survives termination of the Agreement. Overpayments shall not be refunded to the Member until The Plan has determined who is entitled to such funds. Group agrees The Plan will be permitted to deduct overpayments (whether discovered by Group or The Plan) from future payments made by The Plan, along with an explanation of the credit action taken.
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Notification of Incorrect Payments. DESCRIPTION Notify the State within 5 business days of the discovery of overpayments, duplicates or incorrect payments based on a threshold agreed-upon by Contractor and the State. Contractor shall provide the State with a corrective action plan for detailed report on the payment errors with recommendation (adjustment, recoup, other) within 5 business days of notice of incorrect payment. TARGET 100% within 5 business days EXCEPTIONS None CALCULATION INFORMATION None RESULT OF FAILURE TO MEET TARGET Cumulative Credit DESCRIPTION Adjudicate 80.0% of claims (excluding drug claims) within 15 calendar days of receipt. TARGET 80.0% within 15 calendar days of receipt EXCEPTIONS Excludes drug claims (claim type D); Not limited to clean claims. CALCULATION INFORMATION None RESULT OF FAILURE TO MEET TARGET Cumulative Credit DESCRIPTION Adjudicate 90.0% of claims (excluding drug claims) within 30 calendar days of receipt TARGET 90.0% within 30 calendar days of receipt EXCEPTIONS Excludes drug claims (claim type D); Not limited to clean claims CALCULATION INFORMATION None RESULT OF FAILURE TO MEET TARGET Cumulative Credit DESCRIPTION Adjudicate 99.0% of claims (excluding drug claims) within 90 calendar days of receipt. TARGET 99.0% within 90 calendar days of receipt EXCEPTIONS Excludes drug claims (claim type D); Not limited to clean claims. CALCULATION INFORMATION None RESULT OF FAILURE TO MEET TARGET Cumulative Credit DESCRIPTION Adjudicate 100.0% of claims (excluding drug claims) within 150 calendar days of receipt. TARGET 100.0% within 150 calendar days of receipt EXCEPTIONS Excludes drug claims (claim type D); Not limited to clean claims. The State may grant an exception for a specific month, if metric is not met due to pending state actions for specific claims. CALCULATION INFORMATION None RESULT OF FAILURE TO MEET TARGET $1,000/month DESCRIPTION Maintain an error rate of less than 2.5% on all claims manually processed by a resolution clerk. 3 claims per resolution clerk per day will be verified by the Quality Assurance analyst. TARGET Less than 2.5% average for the resolution team per month EXCEPTIONS If any resolution clerk has an individual error rate of 3.0% or higher, Contractor shall provide additional support/training to the clerk. Details of the errors will be available to the State upon request. If the State agrees for a specific month, Contractor may substitute the review of specific edits/audits in lieu of the per clerk review. CALCULATION INFORMATION...
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Related to Notification of Incorrect Payments

  • Notification of Incorrect Certificate The Company will, at any time during the term of this Agreement, as supplemented from time to time, advise the Manager immediately after it shall have received notice or obtained knowledge thereof, of any information or fact that would alter or affect any opinion, certificate, letter and other document provided to the Manager pursuant to Section 6 herein.

  • Collection of Income The Custodian shall use reasonable commercial efforts to collect all income and other payments with respect to the Foreign Assets held hereunder to which the Portfolios shall be entitled and shall credit such income, as collected, to the applicable Portfolio. In the event that extraordinary measures are required to collect such income, the Fund and the Custodian shall consult as to such measures and as to the compensation and expenses of the Custodian relating to such measures.

  • Disposition of Income During the term of this Trust, all income received by the Trust, net of expenses and taxes, shall be accumulated and reinvested.

  • Notification of Incidents If Contractor becomes aware of or has reasonable suspicion of a privacy incident or security incident regarding any State data, Contractor must report such incident to the State and the State Chief Information Security Officer as soon as possible, but no later than twenty-four (24) hours after such incident. The decision to notify the affected data subjects and the form of such notice following report of a privacy incident or security incident are the responsibility of the State. Notwithstanding anything to the contrary in this Contract, Contractor will indemnify, hold harmless and defend the State and its officers, and employees for and against any claims, damages, costs and expenses related to any privacy incident or security incident involving any State data. For purposes of clarification, the foregoing sentence shall in no way limit or diminish Contractor’s obligation(s) to indemnify, save, hold harmless, or defend the State under any other term of this Contract. Contractor will reasonably mitigate any harmful effects resulting from any privacy incident or security incident involving any State data.

  • Collection of Income and Other Payments (A) collect and receive for the account of each Portfolio, all income, dividends, distributions, coupons, option premiums, other payments and similar items, included or to be included in the Property, and, in addition, promptly advise each Portfolio of such receipt and credit such income, as collected, to each Portfolio's custodian account; (B) endorse and deposit for collection, in the name of the Fund, checks, drafts, or other orders for the payment of money; (C) receive and hold for the account of each Portfolio all securities received as a distribution on the Portfolio's securities as a result of a stock dividend, share split-up or reorganization, recapitalization, readjustment or other rearrangement or distribution of rights or similar securities issued with respect to any securities belonging to a Portfolio and held by PFPC Trust hereunder; (D) present for payment and collect the amount payable upon all securities which may mature or be, on a mandatory basis, called, redeemed, or retired, or otherwise become payable on the date such securities become payable; and (E) take any action which may be necessary and proper in connection with the collection and receipt of such income and other payments and the endorsement for collection of checks, drafts, and other negotiable instruments.

  • Application of Insufficient Payments If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, unreimbursed LC Disbursements, interest and fees then due hereunder, such funds shall be applied (i) first, towards payment of interest and fees then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of interest and fees then due to such parties, and (ii) second, towards payment of principal and unreimbursed LC Disbursements then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of principal and unreimbursed LC Disbursements then due to such parties.

  • Payment of Other Taxes by the Company The Company shall timely pay to the relevant Governmental Authority in accordance with Applicable Law, or at the option of the Administrative Agent timely reimburse it for the payment of, any Other Taxes.

  • Payment of Other Taxes by the Borrower The Borrower shall timely pay to the relevant Governmental Authority in accordance with applicable law, or at the option of the Administrative Agent timely reimburse it for the payment of, any Other Taxes.

  • Collection of Information You authorize us to access and download information from your Meter or from your PC Postage account. We may disclose this information to the USPS or other authorized governmental entity. We won’t share with any third parties (except the USPS or other governmental entity) individually identifiable information that we obtain about you in this manner unless required to by law or court order. We may elect to share aggregate data about our clients’ postage usage with third parties.

  • Late Payments by the Corporation The amount of all or any portion of any Exchange Payment not made to any Partner when due under the terms of this Agreement shall be payable together with any interest thereon, computed at the Default Rate and commencing from the date on which such Exchange Payment was due and payable.