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1996-033-RES WHEREAS, CITY COUNCIL DID HERETOFORE ON THE 13TH DAY OF FEBRUARY 1995
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1996-033-RES WHEREAS, CITY COUNCIL DID HERETOFORE ON THE 13TH DAY OF FEBRUARY 1995
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8/18/2006 4:31:41 PM
Creation date
4/6/2005 5:19:58 AM
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CITY CLERK
Doc Name
1996
Doc Type
Resolution
CITY CLERK - Date
4/8/1996
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<br />3.5 The Contractor shall prepare and providc to the Purchaser on a quarterly basis a report ("Discount <br /> <br />Report") which shall include the following infonnation: <br /> <br />I. Total Contracting Hospital Covered Service Amounts $.... <br /> <br />2. Total Allowed to Contracting Hospitals (Less) -.... <br /> <br />3. Total Amount of Discount $.... <br /> <br /> <br />The report will not be hospital specific and will be on an overall quarterly hospital savings basis. <br /> <br />3.6 The Contractor shall in no case be required to provide infonnation pursuant to this Addendum, in its <br /> <br />Discount Report or otherwise, which is hospital-specific or which discloses or may lead to the <br /> <br />disclosure of the specific amount of Discount available from any hospital. <br /> <br />SECTION 4 COMPENSA nON OF THE CONTRACTOR <br />4.1 In addition to all sums required to be paid to the Contractor under the Administrative Services <br /> <br />Agreement, the Purchaser shall pay to the Contractor an additional monthly su.m equal to $2 50 per <br /> <br />employee. <br /> <br />4.2 Such additional monthly sum shall be guaranteed for 12 months and then subject to increase upon 30 <br /> <br />days' notice. <br /> <br />4.3 Such payment shall be made by the Purchaser to the Contractor within 20 days of the first of each <br />month. It is hereby acknowledged and agreed that the Contractor may, at its sole option, draw its <br /> <br />compensation hereunder directly from the Purchaser's Claims Payment Aecount. <br /> <br />4 <br />
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