Common use of Premium Administration Clause in Contracts

Premium Administration. Consistent with C.4.6 of its proposal, the Contractor shall operate a system to xxxx, collect and account for enrollee premiums, including: 1. The Contractor shall calculate the appropriate premium amount, xxxx, and collect premiums from health risk pool program enrollees or enrollee’s designee. 2. The Contractor shall use premiums collected and any interest earned on premiums held by the high risk pool program solely to offset the approved administrative expenses and high risk pool program enrollee claims for health services as included in this Contract.

Appears in 2 contracts

Samples: Contract to Operate a Qualified High Risk Pool, Contract to Operate a Qualified High Risk Pool

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Premium Administration. Consistent with C.4.6 of its proposal, the Contractor shall operate a system to xxxx, collect and account for enrollee premiums, including: 1. The Contractor shall calculate the appropriate premium amount, xxxx, and collect premiums from health risk pool program enrollees or enrollee’s designee. 2. The Contractor shall use apply premiums collected and any interest earned on premiums held by the high risk pool program solely to offset the approved administrative expenses and high risk pool program enrollee claims for health services as included in this Contract.

Appears in 1 contract

Samples: Contract to Operate a Qualified High Risk Pool

Premium Administration. Consistent with C.4.6 of its proposal, the Contractor shall operate a system to xxxxbill, collect and account for enrollee premiums, including: 1. The Contractor shall calculate the appropriate premium amount, xxxxbill, and collect premiums from health high risk pool program enrollees or enrollee’s designee. 2. The Contractor shall use premiums collected and any interest earned on premiums held by the high risk pool program solely to offset the approved administrative expenses and high risk pool program enrollee claims for health services as included in this Contract.

Appears in 1 contract

Samples: Contract to Operate a Qualified High Risk Pool

Premium Administration. Consistent with C.4.6 of its proposal, the Contractor shall operate a system to xxxx, collect and account for enrollee premiums, including: 1. The Contractor shall calculate the appropriate premium amount, xxxx, and collect premiums from health high risk pool program enrollees or enrollee’s designee. 2. The Contractor shall use premiums collected and any interest earned on premiums held by the high risk pool program solely to offset the approved administrative expenses and high risk pool program enrollee claims for health services as included in this Contract.

Appears in 1 contract

Samples: Contract to Operate a Qualified High Risk Pool

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Premium Administration. Consistent with C.4.6 of its proposal, the Contractor shall operate a system to xxxx, collect and account for enrollee premiums, including: 1. : The Contractor shall calculate the appropriate premium amount, xxxx, and collect premiums from health risk pool program enrollees or enrollee’s designee. 2. The Contractor shall use premiums collected and any interest earned on premiums held by the high risk pool program solely to offset the approved administrative expenses and high risk pool program enrollee claims for health services as included in this Contract.

Appears in 1 contract

Samples: Contract to Operate a Qualified High Risk Pool

Premium Administration. Consistent with section C.4.6 of its proposal, the Contractor shall operate a system to xxxx, collect and account for enrollee premiums, including: 1. The Contractor shall calculate the appropriate premium amount, xxxx, and collect premiums from health high risk pool program enrollees or enrollee’s designee. 2. The Contractor shall use premiums collected and any interest earned on premiums held by the high risk pool program solely to offset the approved administrative expenses and high risk pool program enrollee claims for health services as included in this Contract.

Appears in 1 contract

Samples: Contract to Operate a Qualified High Risk Pool

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