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12/06/2016 (2)
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12/06/2016 (2)
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Last modified
12/10/2020 1:47:03 PM
Creation date
2/21/2017 1:24:25 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
12/06/2016
Meeting Body
Board of County Commissioners
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EXHIBIT "B" <br />to the <br />ADMINISTRATIVE SERVICES AGREEMENT <br />between <br />BLUE CROSS AND BLUE SHIELD OF FLORIDA INC. <br />and <br />Indian River County Board of County Commissioners <br />FINANCIAL ARRANGEMENTS <br />Effective Date <br />The effective date of this Exhibit is October 1, 2008 <br />Il. Monthly Payments. <br />A. Each month, BCBSF will notify the Employer of the amount due to satisfy <br />the previous month's paid claims liability. BCBSF also will provide the <br />Employer with a detailed printout of the previous month's claims payments. <br />The Employer agrees to pay the full amount of the bill within ten (10) days <br />of the written notification. If the payment is not received by BCBSF by the <br />payment due date, the payment will be considered past due and subject to <br />a late payment charge, as set forth below. Additionally, BCBSF will <br />immediately suspend claims until payment is received by BCBSF. <br />B. The Employer agrees to pay to BCBSF, each month during and after the <br />term of this Agreement, an administrative fee, as set forth below. The <br />Employer agrees to pay to BCBSF, each month, the administrative fee <br />within ten (10) days of the written notification of the amount due. If <br />payment is not received by BCBSF by the due date, the payment will be <br />considered past due and subject to a late payment charge, as set forth <br />below. Additionally, BCBSF will immediately suspend claims until payment <br />is received by BCBSF. <br />III. Funding Information <br />A. Method of Funding Transfer: ACH <br />Im <br />P85 <br />
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