42 CFR 408.68 - When premiums are considered paid.

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]

§ 408.68 - When premiums are considered paid.

(a) Payment by check. The premium is considered paid if the check is paid by the bank the first or second time it is presented for payment.

(b) Payment within the grace period. (1) A premium is considered paid within the grace period if it is delivered personally, or mailed on or before the last day of that period.

(2) A premium payment is considered to have been mailed 7 days before it is received by CMS.

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

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

cite as: 42 CFR 408.68