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2015-025E
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2015-025E
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Last modified
4/26/2016 1:20:46 PM
Creation date
4/26/2016 1:19:49 PM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
02/17/2015
Control Number
2015-025E
Agenda Item Number
8.I
Entity Name
BlueMedicare Group Florida Blue
Subject
Master Agreement
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IV. Administrative Fees: <br /> A. Administrative fees during the term of the Agreement: <br /> $49 95 per enrolled employee per month from October 1, 2015 <br /> through September 30, 2017. <br /> $51.50 per enrolled employee per month from October 1, 2017 <br /> through September 30, 2018. <br /> B. Administrative fees after the termination of the Agreement: 15% of <br /> claims paid. <br /> C Florida Blue will pay Employer a $50,000 wellness contribution upon <br /> the Board's approval of renewing this Agreement, for any wellness <br /> related initiatives or activities; Florida Blue will pay an additional <br /> $50,000 wellness contribution on October 1, 2015, for a total of <br /> $100,000. <br /> V. Late Payment Penalty <br /> A. A daily charge of 00038 times the amount of overdue administrative <br /> fees. <br /> VI. Expected Enrollment <br /> A. The administrative fees and reserve requirement referenced above <br /> are based on an expected enrollment of- 1,500. <br /> B. If the actual enrollment is materially different from this expected <br /> enrollment, Florida Blue reserves the right to adjust the <br /> administrative fees and the reserve requirement as set forth in the <br /> Agreement. <br /> i <br /> E -2- <br /> I <br /> i <br /> I � <br />
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