Notice of termination and of available alternatives: Risk contract.

A risk contract must provide that the HMO or CMP agrees to give notice as follows if the contract is terminated: (a) At least 60 days before the effective date of termination, to give its Medicare enrollees a written notice that— (1) Specifies the termination date; and (2) Describes the alternatives available for obtaining Medicare services after termination. (b) To pay the cost of the written notices. [60 FR 45680, Sept. 1, 1995]