42 CFR 408.62
§ 408.62 Initial and subsequent billings.
United States · 42 CFR — Public Health · Status: effective
Cite this
- Citation
- 42 CFR 408.62, § 408.62 Initial and subsequent billings, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/203193
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Full text
(a) Monthly billing.
(1) The first premium bill is for the period from the first month of coverage (or the first month of change from deduction or State buy-in payment) through the end of the first month after the month of billing.
(2) Subsequent billings are for periods of one month.
(b) Quarterly billing.
(1) The first premium bill is for the period from the first month of coverage (or of change from deduction or State buy-in payment) through the third month after the month of billing.
(2) Subsequent billings are for periods of three months.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.