---
kind: "section"
citation: "42 C.F.R. § 408.68"
title: "42"
number: "408.68"
heading: "When premiums are considered paid."
url: "https://uscodex.org/cfr/42/408.68"
---

# §408.68. When premiums are considered paid.

- (a) **Payment by check.** The premium is considered paid if the check is paid by the bank the first or second time it is presented for payment.
- (b) **Payment within the grace period.**
  - (1) A premium is considered paid within the grace period if it is delivered personally, or mailed on or before the last day of that period.
  - (2) **A premium payment is considered to have been mailed 7 days before it is received by CMS.**

## Notes

### Authority

Authority: 42 U.S.C. 1302 and 1395hh.

### Source

Source: 52 FR 48115, Dec. 18, 1987, unless otherwise noted.