Common use of CHIP Budget Clause in Contracts

CHIP Budget. The CHIP Budget for Commercial Plan Members shall be age/sex/plan adjusted to reflect eligible Commercial Plan Members. For the CHIP Budget, the average PMPM yield shall be *** per Commercial Plan Member per month, excluding Commercial POS Plan Members, less PacifiCare Commercial Plan Reinsurance Premium, if any, and is subject to the adjustments set forth in Article 5 of the Base Agreement and the adjustments further specified below.

CHIP Budget. The CHIP Budget for Commercial Plan Members shall be age/sex/plan adjusted to reflect eligible Commercial Plan Members. For the CHIP Budget, the average PMPM yield shall be *** per Commercial Plan Member per monthmonth based upon the membership assigned to the applicable IPA, as of the October prior to the effective date of the applicable rate change, excluding Commercial POS Plan Members, less PacifiCare Commercial Plan Reinsurance Premium, if any, and is subject to the adjustments set forth in Article 5 of the Base Agreement and the adjustments further specified below.