Common use of Rapid Disenrollment Clause in Contracts

Rapid Disenrollment. Medica will audit each of Agency’s new policies sold. Any policy cancelled within the first ninety (90) days of the effective date will be considered a rapid disenrollment. Medica will, pursuant to this section and CMS guidelines, collect reimbursement of all applicable Compensation from Agency where applicable, for any rapid disenrollments occurring within the 0 – 90 day time period. Since Agency is solely responsible for paying Compensation to its Individual Agents, Agency is responsible for recovering Compensation it has paid to its Individual Agents for rapid disenrollments.

Appears in 3 contracts

Samples: Preferred Agency Agreement, www.ociservices.com, Preferred Agency Agreement

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Rapid Disenrollment. Medica will audit each of Agency’s new policies sold. Any policy cancelled within the first f irst ninety (90) days of the effective date will be considered a rapid disenrollment. Medica will, pursuant to this section and CMS guidelines, collect reimbursement of all applicable Compensation from Agency where applicable, for any rapid disenrollments occurring within the 0 – 90 day time period. Since Agency is solely responsible for paying Compensation to its Individual I ndividual Agents, Agency is responsible for recovering Compensation it has paid to its i ts Individual Agents for rapid disenrollments.

Appears in 1 contract

Samples: Preferred Agency Agreement

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