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Mr. Michael Ruffin July 31, 1991 <br /> Page 2 <br /> <br />The maximum net paid claims liability per month by coverage type is: <br /> <br /> Individual $92.35 <br /> Parent/Child $161.62 <br /> Family $224.41 <br /> <br />Net paid claims are total paid claims minus claims pooled due to specific stop <br /> <br />Termination Liability - Should termination cf the Contract occur prior to <br />July 1, 1991, the Group's maximum liability for claims incurred prior to <br />termination but paid after termination is defined as: the average number of <br />coverage types during the last three months of the contract, multiplied by the <br />rate for maximum claims liability. The rates for the maximum claims liability <br /> <br /> Individual $286.57 <br /> Parent/Child $501.50 <br /> Family $696.37 <br /> <br />Should termination of the Master Group Contract occur prior to July 1, 1991, <br />the eg§ragate and specific stop loss coverage for the period July 1, 1990 <br />through the termination date will remain in affect and stop loss fees collected <br />from the Group will be retained by BCBSNC. There will be no specific stop loss <br />coverage on claims paid after termination. Aggregate stop loss coverage will be <br />extended to claims paid after termination. <br /> <br />Please file this notice with your Contract. If you have any questions <br />concerning this notice, please contact your Group representative. <br /> <br />Sincerely, <br /> <br />Contract Analyst <br />Contract Administration <br /> <br /> <br />