7030 271 Premium Payment Grace Period Notification: Compliance with Implementation Guide Requirements And State and Federal Regulations
7030 271 Premium Payment Grace Period Notification transaction complies with ASC X12 implementation guide requirements if the transaction satisfies all format and content rules and constraints specified in the applicable ASC X12 standards and the implementation guide (also known as a TR3) itself.
Should additional clarification of an ASC X12 implementation guide requirement be desired, two options are available:
- The ASC X12 document Compliance in X12 may be consulted. Compliance in X12 may be obtained from the ASC X12 Store via http://store.x12.org/.
- The ASC X12 Request for Interpretation (RFI) web site may be searched. The ASC X12 RFI web site is located http://www.x12.org/x12org/subcommittees/x12rfi.cfm . If existing RFI responses do not clarify the outstanding issue, a new RFI may be submitted using this web site.
ASC X12 does not specify the business rules that the receiving entity must use to decide when to accept or reject a 7030 271 Premium Payment Grace Period Notification transaction. The receiver will handle transactions that are not TR3-compliant based on its own business process. A receiver may specify its business rules in a trading partner agreement or companion document. These documents do not override TR3 requirements, nor change how transaction compliance with this TR3 is determined.
The given implementation guides have been developed for use as an insurance industry implementation guide. At the time of their publication it has not been adopted as a state or federal standard. Should the given implementation guides beadopted as a standard, the adopting authority will establish compliance dates for the use by impacted entities. ASC X12 is not the authority for determining compliance with regulatory requirements that might further constrain implementation guide requirements. Questions of compliance for regulatory requirements should be directed to the governing authority.
ASC X12 does not specify the business rules that the receiving entity must use to decide when to accept or reject a transaction. The receiver will handle transactions that do not comply with applicable regulatory requirements as specified by the applicable regulation(s) or governing authority.