§ 9502. Implementation of waiver and establishment of reinsurance program
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 40 Pa.C.S.A. InsuranceEffective: July 2, 2019
Effective: July 2, 2019
40 Pa.C.S.A. § 9502
§ 9502. Implementation of waiver and establishment of reinsurance program
(b) Establishment.--Contingent upon Federal approval, the Commonwealth Health Insurance Reinsurance Program is established in the department for the purposes of stabilizing the rates and premiums for health insurance policies in the individual market and providing greater financial certainty to consumers of health insurance in this Commonwealth. The reinsurance program shall be considered a reinsurance entity to carry out a reinsurance program under the Federal acts.
Credits
2019, July 2, P.L. 294, No. 42, § 1, imd. effective.
40 Pa.C.S.A. § 9502, PA ST 40 Pa.C.S.A. § 9502
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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