Common use of STATE Duties Clause in Contracts

STATE Duties. The STATE shall calculate an adjustment for non-deductibility of the Annual Fee for federal and state income taxes, if any; and premium and surcharge taxes. The result will be the MCO’s “Adjusted Fee.”

Appears in 2 contracts

Sources: Contract for Special Needs Basic Care Program Services, Contract for Special Needs Basic Care Program Services

STATE Duties. (1) The STATE shall calculate an adjustment for non-deductibility of the Annual Fee for federal and state income taxes, if any; and premium and surcharge taxes. The result will be the MCO’s “Adjusted Fee.”

Appears in 1 contract

Sources: Contract for Medical Assistance and Minnesotacare Services

STATE Duties. (1) The STATE shall calculate an adjustment for non-deductibility of the Annual Fee for federal and state income taxes, if any; and premium and surcharge taxes. The result will be the MCO’s “Adjusted Fee.” (2) The STATE’s payment to the MCO for the Adjusted Fee shall be made when the STATE determines the MCO has satisfactorily completed its duties in section 4.2.4(A).

Appears in 1 contract

Sources: Contract for Special Needs Basiccare Program Services