Common use of Prospective Terminations Clause in Contracts

Prospective Terminations. Client must submit to HMSA a membership report form or electronic report in a format acceptable to HMSA containing the names of Members whose coverage is to be terminated on the first day of the following month. The membership report form must be received by HMSA (1) at the location indicated on the membership report form; and (2) before the close of HMSA’s business hours on the last business day before the beginning of the month that the terminations are to take effect. Termination requests for effective dates other than the first of the month must be in writing and received by HMSA before the close of HMSA’s business hours one business day before the intended effective date. Termination requests received after the close of business shall be deemed received on the next business day. The termination will be effective on the first business day after the day that HMSA receives the written request. Client must give written notice to Members whose coverage under the Group Plan is to be terminated under this subsection at least ten (10) days prior to the effective date of termination.

Prospective Terminations. Client must submit to HMSA a membership report form or form, electronic report in a format acceptable to HMSA HMSA, or other written termination request containing the names of Members whose coverage is to be terminated on the first day of the following month. The membership report form form, electronic report, or other written termination request must be received by HMSA (1) at the location indicated on the membership report form; and (2) before the close of HMSA’s business hours on the last business day before the beginning of the month that the terminations are to take effect. Termination requests for effective dates other than the first of the month must be in writing and received by HMSA before the close of HMSA’s business hours one business day before the intended effective date. Termination requests received after the close of business shall be deemed received on the next business day. The termination will be effective on the first business day after the day that HMSA receives the written request. Client must give written notice to Members whose coverage under the Group Plan is to be terminated under this subsection at least ten (10) days prior to the effective date of termination.