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2022-117A
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2022-117A
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8/2/2022 2:22:57 PM
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EXHIBIT "B" <br />to the <br />ADMINISTRATIVE SERVICES AGREEMENT <br />between <br />BLUE CROSS AND BLUE SHIELD OF FLORIDA INC. D/B/A FLORIDA BLUE <br />and <br />INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS <br />FINANCIAL ARRANGEMENTS <br />Banking Arrangement <br />Effective Date <br />The effective date of this Exhibit is October 1, 2022 <br />II. Monthly Payments. <br />A. Each month, Florida Blue will notify Employer of the amount due to satisfy <br />the previous month's paid claims liability. Florida Blue also will provide <br />Employer with a detailed printout of the previous month's claims payments. <br />Employer agrees to pay the full amount of the bill within ten (10) days of the <br />written notification. If the payment is not received by Florida Blue 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, Florida Blue will <br />immediately suspend claims until payment is received by Florida Blue. <br />B. Employer agrees to pay to Florida Blue, each month during and after the <br />term of this Agreement, an administrative fee, as set forth below. Employer <br />agrees to pay to Florida Blue, each month, the administrative fee within ten <br />(10) days of the written notification of the amount due. If payment is not <br />received by Florida Blue by the due date, the payment will be considered <br />past due and subject to a late payment charge, as set forth below. <br />Additionally, Florida Blue will immediately suspend claims until payment is <br />received by Florida Blue. <br />III. Funding Information <br />A. Method of Funding Transfer: ACH <br />IV. Administrative Fees: <br />A. Administrative fees during the term of the Agreement: <br />$49.55 per enrolled employee per month from October 1, 2022 <br />through September 30, 2023. <br />-1- <br />
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