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§ 417.488 Notice of termination and of available alternatives: Risk contract.

42 CFR 417.488

Citation42 CFR 417.488
CorpusDaily eCFR
Displayed edition2026-08-13
Last updated2026-08-13

§ 417.488 Notice of termination and of available alternatives: Risk contract.

A risk contract must provide that the HMO or CMP agrees to give notice as follows if the contract is terminated:

(a) At least 60 days before the effective date of termination, to give its Medicare enrollees a written notice that—

(1) Specifies the termination date; and

(2) Describes the alternatives available for obtaining Medicare services after termination.

(b) To pay the cost of the written notices.

[60 FR 45680, Sept. 1, 1995]