Payment of Approved Claims a. A Settlement Class Member who timely submits a valid Claim Form shall be eligible to receive one of two Benefit Options only, at their election:
Payment of Approved Claims. Subject to the terms and conditions of this Agreement, the Settlement Administrator will pay a cash payment from the Net Settlement Amount (defined below) for Approved Claims from the Settlement Fund, as described in Paragraph 3.4 below.
Payment of Approved Claims. NYLCare Mid-Atlantic shall make timely payment for all approved claims in the amount approved by Doctors Health, in accordance with the provisions of Section 3.4.2(4) above, and in accordance with applicable law and regulation. The total payments on such claims made to Participating Providers by NYLCare Mid-Atlantic in any calendar month shall be deducted from the compensation due to be paid to Doctors Health under Section 6.1 on the tenth (10th) day of the following month. In the event that the total amount for claims paid by NYLCare Mid-Atlantic exceeds the total compensation due to be paid to Doctors Health for that month, then NYLCare Mid-Atlantic shall invoice Doctors Health for the balance due and Doctors Health shall pay NYLCare Mid-Atlantic within sixty (60) days of the date of receipt of the invoice.
