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§ 323.11-A. Association oversight and additional duties

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 40 P.S. InsuranceEffective: July 23, 2018

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 40 P.S. Insurance (Refs & Annos)
Chapter 1. Insurance Department (Refs & Annos)
Article IX-a. Pennsylvania Professional Liability Joint Underwriting Association (Refs & Annos)
Subarticle B. Oversight and Duties (Refs & Annos)
Effective: July 23, 2018
40 P.S. § 323.11-A
§ 323.11-A. Association oversight and additional duties
Currentness
(a) Oversight.--The association shall continue as an instrumentality of the Commonwealth and shall operate under the control, direction and oversight of the department.
(b) Additional duties.--In addition to the duties described under Subchapter C of Chapter 7 of the Mcare Act,1 the association shall do all of the following:
(1) Submit monthly reports to the commissioner of premiums collected and claims paid during the immediately preceding month.
(2) Provide to the commissioner additional documents and information regarding the association's operations as the commissioner may request.
(3) Within 60 days following the effective date of this section, prepare and submit a new plan for approval by the commissioner under section 731(b)(1) of the Mcare Act.2 The new plan shall contain provisions not inconsistent with this article. The plan may be amended at the direction of the board or the commissioner.
(4) Submit to examinations under Article IX.3
(c) Claims.--The following shall apply:
(1) No member of the association or any health care provider insured by a policy provided by the association shall have a claim against the current or future funds, profits, investments or losses of the association, including upon dissolution.
(2) A claim against or a liability of the association under a policy provided by the association under the Mcare Act shall be considered a liability of the Commonwealth.

Credits

1921, May 17, P.L. 789, No. 285, art. IX-A, § 911-A, added 2018, June 22, P.L. 273, No. 41, § 3, effective in 30 days [July 23, 2018].

Footnotes

1
40 P.S. § 1303.731 et seq.
2
40 P.S. § 1303.731.
3
40 P.S. § 323.1 et seq.
40 P.S. § 323.11-A, PA ST 40 P.S. § 323.11-A
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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