Section 405IAC10-10-11. Billing; prior year contribution amount  


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  •    (a) If a member's first POWER account contribution for a new benefit period becomes due before the division calculates the member's new POWER account contribution, the insurer may bill the member in the amount of the POWER account contribution for the previous benefit period.

      (b) Any overpayments or underpayments a member makes as a result of subsection (a) shall be reconciled within thirty (30) days of notification by the state of the member's recalculated POWER account contribution amount for the new benefit period. An overpayment or underpayment may impact a member's future POWER account obligations as a result of subsection (a). (Office of the Secretary of Family and Social Services; 405 IAC 10-10-11; filed May 18, 2015, 12:34 p.m.: 20150617-IR-405140339FRA)