Implementation credit definition
Implementation credit means a payment by an insurer after an executed contract is in place to offset documented expenses incurred by a group policyholder in changing coverages from one insurer to another. Some examples of expenses that may be documented and reimbursed include but are not limited to:
Implementation credit if applicable, is a credit provided to the Customer to cover specific costs related to the transition from another vendor to Aetna and further described in the Service and Fee Schedule