Membership Tiers and Fees

There are a number of membership options from which to choose. The membership qualifications, rights and responsibilities, and costs are described below for each membership tier.

                  Effective with renewals or new membership on or after 12/9/2014

Membership qualifications and rights that are consistent for Tiers 1-4 are as follows:

  • A commercial interest directly and materially affected by the purpose and work of the Corporation and agreement to abide by the requirements of the Governance Documents.
  • Willingness to support rules of Corporation as defined in the Bylaws, IPR Policy and other policies as established by the Board of Directors.

Additional qualifications and rights for each tier are listed below:

TIER 4

Benefits

  • Access to all technical standards and products.  Includes SIGIS certification and registration programs to process health benefit cards.

Financial Obligations

  • Annual Membership Fee: $100 due upon membership approval and annually thereafter in the month of membership anniversary. Membership fee is required to be paid via credit card at the time that a Tier 4 Membership Application is submitted online.

TIER 3

Benefits

  • Includes Tier 4 benefits.
  • Ability to name individuals to participate on working committees to develop health benefit standards, includes Technical, Eligible Product and Certification Committees.

Financial Obligations

  • Annual Membership Fee: $750 due upon membership approval and annually thereafter in the month of membership anniversary. Will be invoiced upon approval of Member’s Application and is due within 30 days.

TIER 2

Benefits

  • Includes Tier 3 and 4 benefits.
  • Ability to be nominated and elected by Tier 2 Members to the Board of Directors.

Financial Obligations

  • Initial Participation Fee: $5,000 one-time payment which will be invoiced upon approval of Member’s Application and is due within 30 days.
  • Annual Membership Fee: $3,750 due upon membership approval and annually thereafter in the month of membership anniversary. Will be invoiced upon approval of Member’s Application and is due within 30 days.

TIER 1

Benefits

  • Includes Tier 3 and 4 benefits.
  • Ability to appoint individuals to participate on the Board of Directors*, and other committees. NOTE: The Board of Directors is limited to ten Tier 1 Directors. Once there are more than 10 Tier 1 Directors, the non- Founder Tier 1 Members will nominate and elect the open positions for Tier 1 Directors.

Financial Obligations

  • Initial Participation Fee: $10,000 one-time payment which will be invoiced upon approval of Member’s Application and is due within 30 days.
  • Annual Membership Fee: $7,500 due upon membership approval and annually thereafter in the month of membership anniversary. Will be invoiced upon approval of Member’s Application and is due within 30 days.
  • Special Assessment: $125,000 as the Initial Special Assessment and the obligation to meet Additional Special Assessments up to $250,000 (subject to a maximum of $125,000 in any 12-month period). See Bylaws Section 4.12 for provisions relative to Special Assessments. Initial Special Assessment is due within 5 business day of approval of Member’s Application. Additional Special Assessments are due within 30 days of receipt of notice from the Corporation that an Additional Special Assessment is due.