Graduate Medical Education. (A) Pursuant to Minnesota Statutes, § 256B.19, subd. 1 (c), MCOs contracted with the STATE to administer the health care programs covered under this Contract in Hennepin County will have their capitation rates effectively increased. MCO xxxxxx agrees to make monthly graduate medical education payments to Hennepin County Medical Center, on or before the last business day of the month of service for which capitation is paid, by an amount equal to the per member per month value of the rate increase in Appendix 2 (“GME”) less the 1% premium tax and 0.6% HMO surcharge retained by the MCO, multiplied by the MCO’s monthly enrollment for each rate cell.
Appears in 2 contracts
Graduate Medical Education. (A) Pursuant to Minnesota Statutes, § 256B.19, subd. 1 (c), MCOs contracted with the STATE to administer the health care programs covered under this Contract in Hennepin County will have their capitation rates effectively increased. MCO xxxxxx hereby agrees to make monthly graduate medical education payments to Hennepin County Medical Center, on or before the last business day of the month of service for which capitation is paid, by an amount equal to the per member per month value of the rate increase in Appendix 2 (“GME”) less the 1% premium tax and 0.6% HMO surcharge retained by the MCO, multiplied by the MCO’s monthly enrollment for each rate cell.
Appears in 2 contracts
