Common use of Standard CHIP Funding Process Clause in Contracts

Standard CHIP Funding Process. The standard CHIP funding process will be used during the Demonstration. Arizona must estimate matchable CHIP expenditures on the quarterly Form CMS-21B. On a separate CMS-21B, the State shall provide updated estimates of expenditures for the Demonstration population. CMS will make Federal funds available based upon the State’s estimate, as approved by CMS. Within 30 days after the end of each quarter, the State must submit the Form CMS-21 quarterly CHIP expenditure report. CMS will reconcile expenditures reported on the Form CMS-21 with Federal funding previously made available to the State, and include the reconciling adjustment in the finalization of the grant award to the State.

Standard CHIP Funding Process. The standard CHIP funding process will be used during the Demonstrationdemonstration. Arizona must estimate matchable CHIP expenditures on the quarterly Form CMS-21B. On a separate CMS-21B, the State state shall provide updated estimates of expenditures for the Demonstration demonstration population. CMS will make Federal funds available based upon the Statestate’s estimate, as approved by CMS. Within 30 days after the end of each quarter, the State state must submit the Form CMS-21 quarterly CHIP expenditure report. CMS will reconcile expenditures reported on the Form CMS-21 with Federal funding previously made available to the Statestate, and include the reconciling adjustment in the finalization of the grant award to the Statestate.