PREMIUM RATE CHANGES. There may be a Premium rate change when approved by the Maryland Insurance Administration, as provided by law. CareFirst BlueChoice will not increase the Member’s Premium rate more frequently than once every Calendar Year. CareFirst BlueChoice will provide notice of an approved Premium rate change by giving the Subscriber or Application Filer at least forty-five (45) days prior written notice. Any change in Premium rates, including changes in a Member’s Premium rate due to a change in a Member’s age, will be effective on January 1st of each year this Agreement renews. CareFirst BlueChoice may change the Premium during a Calendar Year if the change is due solely to the enrollment or termination of a Dependent.
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Sources: Individual Enrollment Agreement, Individual Enrollment Agreement
PREMIUM RATE CHANGES. There may be a Premium rate change when approved by the Maryland Insurance Administration, as provided by law. CareFirst BlueChoice will not increase the Member’s Premium rate more frequently than once every Calendar Year. CareFirst BlueChoice will provide notice of an approved Premium rate change by giving the Subscriber or Application Filer at least forty-five (45) days prior written notice. Any change in Premium rates, including changes in a Member’s Premium rate due to a change in a Member’s age, will be effective on January 1st of each year this In-Network Agreement renews. CareFirst BlueChoice may change the Premium during a Calendar Year if the change is due solely to the enrollment or termination of a Dependent.
Appears in 1 contract