Common use of CHIP Deficit Clause in Contracts

CHIP Deficit. In the event the CHIP Expense is greater than the CHIP Budget, the deficit shall be allocated as follows: *** to Medical Group, limited to $1.50 per Member per month *** to PacifiCare

CHIP Deficit. In the event the CHIP Expense is greater than the CHIP Budget, the deficit shall be allocated as follows: *** to Medical Group, limited to $1.50 per Member per month Group *** to PacifiCarePacifiCare Medical Group’s responsibility for the CHIP Deficit shall be limited to Two Dollars ($2.00) per Member per Month