Common use of Timing of POS Out-of-Network Professional Fund Settlement Clause in Contracts

Timing of POS Out-of-Network Professional Fund Settlement. On an Agreement year basis, Blue Shield shall perform a reconciliation of the POS Out-of-Network Professional Fund. Such settlement shall be performed within one hundred twenty (120) days following the end of the Agreement Year. Any amounts due from Blue Shield to Group shall be paid within sixty (60) days thereafter. In the event of termination of the Agreement for any reason, final settlement of the POS Out-of-Network Professional Fund shall be performed one hundred fifty (150) days after the date of termination and any amounts due from Blue Shield to Group shall be paid within thirty (30) days thereafter.

Timing of POS Out-of-Network Professional Fund Settlement. On an Agreement year basis, Blue Shield shall perform a reconciliation of the POS Out-of-Network Professional Fund. Such settlement shall be performed within one hundred twenty ninety (12090) days following the end of the Agreement Year. Any amounts due from Blue Shield to Group shall be paid within sixty ninety (60) days thereafter. In the event of termination of the Agreement for any reason, final settlement of the POS Out-of-Network Professional Fund shall be performed one hundred fifty (150) days after the date of termination and any amounts due from Blue Shield to Group shall be paid within thirty (3090) days thereafter.

Timing of POS Out-of-Network Professional Fund Settlement. On an Agreement year basis, . Blue Shield shall perform a reconciliation of the POS Out-of-Network Professional Fund. Such settlement shall be performed within one hundred twenty (120) days following the end of the Agreement Year. Any amounts due from Blue Shield to Group shall be paid within sixty (60) days thereafter. In the event of termination of the Agreement for any reason, final settlement of the POS Out-of-Network Professional Fund shall be performed one hundred fifty (150) days after the date of termination and any amounts due from Blue Shield to Group shall be paid within thirty (30) days thereafter.