[Code of Federal Regulations]

[Title 42, Volume 2]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 42CFR408.62]



[Page 282]

 

                         TITLE 42--PUBLIC HEALTH

 

                    CHAPTER IV--CENTERS FOR MEDICARE

                          & MEDICAID SERVICES,

                        DEPARTMENT OF HEALTH AND

                             HUMAN SERVICES

 

PART 408_PREMIUMS FOR SUPPLEMENTARY MEDICAL INSURANCE--Table of Contents

 

             Subpart D_Direct Remittance: Individual Payment

 

Sec. 408.62  Initial and subsequent billings.



    (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.