Common use of Contingent Reduction in Health Care Access Tax Clause in Contracts

Contingent Reduction in Health Care Access Tax. The Commissioner of Management and Budget shall, by December 1 of the Contract Year, determine the projected balance in the Health Care Access Fund. If the projected balance for the biennium reflects a ratio of revenues to expenditures and transfers greater than one-hundred and twenty-five percent (125%) and if the actual cash balance in the Fund is adequate, the Commissioner of Management and Budget shall reduce the tax rates under subdivisions 1, 1a, 2, 3, and 4 of Minnesota Statutes, § 295.52, for the subsequent calendar year sufficient to reduce the structural balance in the Fund, as described in Minnesota Statutes, § 295.52, subd. 8. The reduction, if any, shall be included in the rates shown in Appendix 2. Enhanced Hospital Payments. Pursuant to Minnesota Statutes, § 256B.196, subd. 2, XXXx contracted with the STATE to administer the health care programs covered under this Contract in Hennepin County and have admissions at Hennepin County Medical Center (HCMC), and/or have a similar contract with the STATE for Xxxxxx County and have admissions at Regions Hospital, will have their capitation rates effectively increased.

Contingent Reduction in Health Care Access Tax. The Commissioner of Management and Budget shall, by December 1 of the Contract Year, determine the projected balance in the Health Care Access Fund. If the projected balance for the biennium reflects a ratio of revenues to expenditures and transfers greater than one-hundred and twenty-five percent (125%) and if the actual cash balance in the Fund is adequate, the Commissioner of Management and Budget shall reduce the tax rates under subdivisions 1, 1a, 2, 3, and 4 of Minnesota Statutes, § 295.52, for the subsequent calendar year sufficient to reduce the structural balance in the Fund, as described in Minnesota Statutes, § 295.52, subd. 8. The reduction, if any, shall be included in the rates shown in Appendix 2. Enhanced Hospital Payments. Pursuant to Minnesota Statutes, § 256B.196, subd. 2, XXXx contracted with the STATE to administer the health care programs covered under this Contract in Hennepin County and have admissions at Hennepin County Medical Center (HCMC), and/or have a similar contract with the STATE for Xxxxxx Ramsey County and have admissions at Regions Hospital, will have their capitation rates effectively increased.