Examples of Capitation in a sentence
Premium Revenue includes, but is not limited to, all monies paid by the Division to the Contractor for providing benefits and services as defined in the terms of the Contract and is inclusive of Capitation Payments, Capitation Premium Withhold amounts earned, Health Insurer Fee reimbursement, Risk Corridor adjustments, and any other Medicaid Managed Care Program Revenues, but is exclusive of any amounts received from DOM PBA.
For each MLR Reporting Quarter and Year, the Contractor must submit to the Division a report which complies with the requirements that follow concerning Capitation Payments received and expenses related to CHIP Members [42 CFR 438.8(a)] (referred to hereafter as MLR Report).
In any instance where the Division makes a retroactive change to the Capitation Payments for an MLR Reporting Year where the MLR Report has already been submitted to the Division, Contractor must re-calculate the MLR for all MLR Reporting Years affected by the change and submit a new MLR Report meeting the requirements of this section.
The previously certified capitation rates and the documentation of their development were published in the following correspondence provided by Xxxxxxxx: • Calendar Year 2020 MyCare Ohio Capitation Rate Certification – Opt-In Capitation Rates, dated December 6, 2019 (Original) We have updated the capitation rates to include new and revised program adjustments not reflected in the Original certification.
EOHHS will not factor Value-Added Service into its calculation of the Contractor’s Capitation Rate, meaning the Contractor is responsible for the cost of all Value-Added Services.