Home Table of Contents

§ 9507. Not an entitlement

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 40 Pa.C.S.A. InsuranceEffective: July 2, 2019

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 40 Pa.C.S.A. Insurance (Refs & Annos)
Part V. Health Insurance Markets Oversight
Chapter 95. Reinsurance Program (Refs & Annos)
Effective: July 2, 2019
40 Pa.C.S.A. § 9507
§ 9507. Not an entitlement
(a) No entitlement.--The provision of reinsurance program money or benefits accrued through the Reinsurance Fund may not constitute an entitlement derived from the Commonwealth or a claim on any other money of the Commonwealth.
(b) Contingency with respect to Federal money.--Notwithstanding any provision of this chapter, the department shall have no responsibility to pay reinsurance amounts that would be payable out of Federal money if the Federal Government does not transmit sufficient money for the Reinsurance Fund to fully recompense those actions.

Credits

2019, July 2, P.L. 294, No. 42, § 1, imd. effective.
40 Pa.C.S.A. § 9507, PA ST 40 Pa.C.S.A. § 9507
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
End of Document