Home Table of Contents

§ 323.4c. Billing invoices

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. Examinations (Refs & Annos)
Effective: July 23, 2018
40 P.S. § 323.4c
§ 323.4c. Billing invoices
Currentness
<Section 6 of Act 2018, June 22, P.L. 273, No. 41, effective in 30 days [July 23, 2018], provides that the provisions of 40 P.S. § 323.4c shall apply to examinations commencing at least 30 days after the effective date of this section.>
(a) The following shall apply for each billing invoice submitted to a company regarding examination work:
(1) An invoice which is submitted by a contractor of the department must contain an itemized and detailed description of charges on a quarterly hour basis by the examiner, including the applicable billing rates and a per charge description of related travel or other expenses.
(2) An invoice which is submitted by the department directly must contain instructions on how a company may obtain an itemized and detailed description of the charges.
(3) An invoice shall be submitted to a company on a monthly basis as soon as practicable but no later than sixty days after the date on which the billed activity was performed.
(4) An invoice must provide a due date of no fewer than thirty days after the bill is submitted to the company.
(5) An invoice must contain an explanation of the invoicing process and the procedure for resolving billing disputes.
(b) To the extent possible, the department shall follow the procedures under subsection (a) for billing invoices submitted by third-party consultants retained as described under section 905.1(a)(2), (3), (4), (5) or (6).1

Credits

1921, May 17, P.L. 789, No. 285, art. IX, § 904.3, added 2018, June 22, P.L. 273, No. 41, § 2, effective in 30 days [July 23, 2018].

Footnotes

1
40 P.S. § 323.5a.
40 P.S. § 323.4c, PA ST 40 P.S. § 323.4c
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
End of Document