Purpose:
• To provide clear direction on the setting of New Membership Fees and what is to be included in the fee.
Policy:
1. New Membership Fees shall include the costs for the first year of membership.
2. New Membership Fees do not include standard professional liability insurance or any additional insurance options that are available through the Association’s Insurance Broker. All insurance fees must be paid directly to the Insurance Broker.
a. New members must pay separately for membership and insurance only in their first membership year. When renewing membership in subsequent years, membership and insurance fees will be combined into one fee.
3. The Board of Directors shall, by motion, set New Membership Fees for the next calendar year no later than November 30 and the New Membership Fees shall be published by Administration to the Membership by email and in the Current Fee Schedule within 10 days of the decision.
4. In publishing the new membership fees in the Current Fee Schedule, administration shall provide the prorating of new membership fees on a quarterly basis in the fee schedule.
Original Date of Policy Adoption: September 13, 2023
Date of Last Policy Revision:
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