405 IAC 10-10-11
405 IAC 10-10-11 Billing; prior year contribution amount
Cite as Ind. Admin. Code tit. 405, r. 10-10-11
Sec. 11. (a) If a member's first POWER account contribution for a new benefit period becomes due before the division calculates the
member's new POWER account contribution, the managed care organization may bill the member in the amount of the POWER account contribution
for the previous benefit period.
(b) Any overpayments or underpayments a member makes as a result of subsection (a) shall be reconciled within thirty (30) days of
notification by the state of the member's recalculated POWER account contribution amount for the new benefit period. An overpayment or
underpayment may impact a member's future POWER account obligations as a result of subsection (a).