Common use of Premium Tax; HMO Surcharge Clause in Contracts

Premium Tax; HMO Surcharge. ‌ The MCO may be taxed on the premiums paid by the STATE under the Medical Assistance program. If the MCO is exempt or is no longer required to pay these taxes, the MCO’s base rate will be adjusted to reflect that change. [Minnesota Statutes, §297I, and §256.9657, subd. 3, as applicable]

Appears in 8 contracts

Samples: mn.gov, mn.gov, mn.gov

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Premium Tax; HMO Surcharge. ‌ The Pursuant to applicable Minnesota Statutes, §297I, and § 256.9657, subd. 3, the MCO may be taxed on the premiums paid by the STATE under the Medical Assistance program. If the MCO is exempt or is no longer required to pay these taxes, the MCO’s base rate will be adjusted to reflect that change. [Minnesota Statutes, §297I, and §256.9657, subd. 3, as applicable].

Appears in 7 contracts

Samples: Human Services Contract, Human Services Contract, Human Services Contract

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