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2003-040 Resolution
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2003-040 Resolution
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Last modified
1/10/2014 3:23:34 PM
Creation date
12/26/2013 9:36:07 AM
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North Olmsted Legislation
Legislation Number
2003-040
Legislation Date
3/18/2003
Year
2003
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. , <br />Section 3: Management Reports <br />Medical Mutual Services shall prepare the following standard management reports for <br />the Plan Sponsor: <br />Monthly Claims Detail <br />Annual Renewal Package <br />Quarterly Reporting Package <br />Reports or analyses not listed herein may be provided by Medical Mutual Services for a <br />reasonable fee upon request of the Plan Sponsor. <br />Section 4: Changes to the Funding Arrangement <br />A. At least thirty (30) days prior to the renewal date of the Agreement, Medical <br />Mutual Services will notify the Plan Sponsor of any changes in the <br />Administrative Fees, or other Fee(s)and Agreement terms. <br />B. Medical Mutual Services reserves the right to adjust the fees, premiums and <br />liability limits for the Agreement Period if the group's monthly enrollment <br />changes, either in aggregate or for a specific line of business, by ten percent <br />(10%) from the expected monthly enrollment specified in Exhibit A. Any <br />adjustment in fees or liability limits will be effective as of the date of the change <br />in enrollment. <br />Section 5: Termination <br />If the Agreement terminates for the group, line(s) of business or any section(s) thereof: <br />A. Medical Mutual Services will continue to process Incurred Claims where the <br />incurred date(s) preceded the Termination Effective Date and which were <br />received by Medical Mutual Services in accordance with the Plan Sponsor's <br />applicable Benefit Book(s) and this Addendum I. <br />B. For the first twelve (12) weeks following #he Termination Effective Date, Medical <br />Mutual Services shall continue to invoice the Plan Sponsor weekly as described <br />in Section 2A of this Addendum I. <br />C. After the first twelve weeks following the Termination Effective Date, Medical <br />Mutual Services will invoice the Plan Sponsor Paid Claims monthly or less <br />frequently, through the twelfth (12th) month after the Termination Effective <br />Date. Payment of each invoice is due within ten (10) days of the date of the <br />invoice. <br />D. Following the Termination Effective Date, Medical Mutual Services will continue <br />to invoice the Plan Sponsor for Out of State Surcharges. <br />Page 4 <br />Rev. 090102 <br />03eCityofNarthOlmstedDRub <br />rrt-.. ??.?.?.???ra;AS•-?w ... -.. .. ...... tu?5ara?rma???;?-r.w,.nwx»wza???-.,??., ,... . .. . _ a..-?-e? :?+?s-;?rv.c_w,orn?g».:,?. ,. ?? ?
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