Common use of Allocation for New Fee Items Clause in Contracts

Allocation for New Fee Items. (a) The Government will provide the following funding to be allocated to Specialist Sections and to Physician Sections that are not Specialist Sections for adding new fees to the Payment Schedule: (i) effective April 1, 2023, $3 million per year to Specialist Sections and $3 million per year to Physician Sections that are not Specialist Sections; and (ii) effective April 1, 2024, an additional $3 million per year to Specialist Sections and an additional $3 million per year to Physician Sections that are not Specialist Sections. (b) The funds in section 16.1(a) will be allocated to new fee items pursuant to Articles 12 and 13.