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Text of Draft CMS Letter for Issuers Who Request Alternative Schedule of Payment of CSR Portion of Advance Payments (2014 and 2015 Benefit Years) (PDF)
Centers for Medicare & Medicaid Services [CMS], U.S. Department of Health and Human Services [HHS]
July 1, 2016
Marked as "Draft"; undated and unnumbered document. "If you fail to make timely payment in accordance with the installment payment schedule or enter into insolvency, rehabilitation, early pre-liquidation, or fail to make the initial 10 percent payment, the full balance of the charge will become immediately due. You are permitted to make an early payment toward your outstanding debt. We note that early payments will be applied to interest first and the remaining portion will reduce the principal balance. Please return this letter with the information on page three completed to provide your written agreement and approval no later than no later than 11:59 p.m. ET on Tuesday, July 12, 2016."
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