Common use of PIP Deficit Clause in Contracts

PIP Deficit. In the event that the PIP Expense is greater than the PIP Budget, fifty percent (50%) of the deficit shall be allocated to Medical Group, not to exceed one dollar eighty cents ($1.80) per Commercial Plan Member per month.

Appears in 2 contracts

Sources: Medical Group/Ipa Services Agreement (Prospect Medical Holdings Inc), Medical Group/Ipa Services Agreement (Prospect Medical Holdings Inc)

PIP Deficit. In the event that the PIP Expense is greater than the PIP Budget, fifty percent (50%) of the deficit shall be allocated to Medical Group, not to exceed one dollar eighty cents ($1.80) per Commercial Plan Member per month.

Appears in 2 contracts

Sources: Medical Group/Ipa Services Agreement (Prospect Medical Holdings Inc), Medical Group Services Agreement (Prospect Medical Holdings Inc)

PIP Deficit. In the event that the PIP Expense is greater than the PIP Budget, fifty percent (50%) *** of the deficit shall be allocated to Medical Group, Group not to exceed one dollar eighty cents ($1.801.00) per Commercial Plan Member per month.

Appears in 1 contract

Sources: Medical Group/Ipa Services Agreement (Prospect Medical Holdings Inc)

PIP Deficit. In the event that the PIP Expense is greater than the PIP Budget, fifty percent (50%) of the deficit shall be allocated to Medical Group, not to exceed one dollar eighty cents ($1.80) per Commercial Plan Member per month. In addition to the terms and conditions set forth in the Base Agreement and Product Attachment A, the following terms and conditions, as defined below, are also applicable to the PacifiCare Commercial Point-of-Service Plan.

Appears in 1 contract

Sources: Medical Group/Ipa Services Agreement (Prospect Medical Holdings Inc)

PIP Deficit. In the event that the PIP Expense is greater than that the PIP Budget, fifty percent (50%) Fifty Percent of the deficit shall be allocated to the Medical Group, Group not to exceed one dollar eighty cents One Dollar ($1.801.00) per Commercial Plan Member per monthMonth.

Appears in 1 contract

Sources: Pacificare Medical Group/Ipa Services Agreement (Prospect Medical Holdings Inc)