---
kind: "section"
citation: "45 C.F.R. § 800.304"
title: "45"
number: "800.304"
heading: "Term of the contract."
url: "https://uscodex.org/cfr/45/800.304"
---

# §800.304. Term of the contract.

- (a) **Term of a contract.** The term of the contract will be specified in the MSP Program contract and must be for a period of at least the 12 consecutive months defined as the plan year.
- (b) **Plan year.** The plan year is a consecutive 12-month period during which an MSP option provides coverage for health benefits. A plan year may be a calendar year or otherwise.

## Notes

### Authority

Authority: Sec. 1334 of Pub. L. 111-148, 124 Stat. 119; Pub. L. 111-152, 124 Stat. 1029 (42 U.S.C. 18054).

### Source

Source: 80 FR 9655, Feb. 24, 2015; 80 FR 16577, Mar. 30, 2015, unless otherwise noted.