42 CFR 408.62 - Initial and subsequent billings.

Regulations last checked for updates: Nov 22, 2024

Title 42 - Public Health last revised: Nov 19, 2024

View all text of Subpart D [§ 408.60 - § 408.71]

§ 408.62 - Initial and subsequent billings.

(a) Monthly billing. (1) The first premium bill is for the period from the first month of coverage (or the first month of change from deduction or State buy-in payment) through the end of the first month after the month of billing.

(2) Subsequent billings are for periods of one month.

(b) Quarterly billing. (1) The first premium bill is for the period from the first month of coverage (or of change from deduction or State buy-in payment) through the third month after the month of billing.

(2) Subsequent billings are for periods of three months.

authority: 42 U.S.C. 1302 and 1395hh

source: 52 FR 48115, Dec. 18, 1987, unless otherwise noted.

cite as: 42 CFR 408.62