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