Spenddown Clause Samples
Spenddown. Medical Assistance Recipients who otherwise meet all the enrollment requirements for SNBC are eligible to enroll in the MCO if they agree to pay their Spenddown as required on a monthly basis. The value of the first three (3) months of Spenddown obligation is deducted from the Capitation Payment.
Spenddown. The State and the Contractor agree that the capitated rates associated with this Contract reflect all costs associated with the medically needy aged and disabled (“spenddown”) populations net of shared cost. The enrollment process described below is consistent with the rate development methodology used.
Spenddown. Medical Assistance Recipients who otherwise meet all the enrollment requirements for MnDHO are eligible to enroll in the MCO if they agree to pay their Spenddown as required on a monthly basis. Payment of the Spenddown obligation for the first month after enrollment is waived for the new Enrollee. The value of the first month Spenddown obligation will be deducted from the Capitation Payment.