Association oversight and additional duties

Act 176 of 1929, § 210-D, under THE FISCAL CODE.

Act 176 of 1929, § 210-D

Section 210-D. Association oversight and additional duties.

(a) Oversight.--The joint underwriting association shall continue as an instrumentality of the Commonwealth and operate under the regulatory oversight of the department.

(b) Additional duties.--In addition to the duties under Subchapter C of Chapter 7 of the Mcare Act, the joint underwriting association shall have the following duties:

(1) Submit to the commissioner quarterly reports of premiums collected and claims paid for the preceding quarter.

(2) Provide additional documents and information regarding the joint underwriting association's operations to the commissioner upon request.

(3) Beginning January 1, 2026, and each year thereafter, submit a plan of operation to the commissioner for approval. The board may amend the plan, subject to the commissioner's approval, and the plan may not contain provisions inconsistent with this article. Except for the plan due January 1, 2026, the joint underwriting association may submit an affidavit attesting that the approved plan is unchanged.

(c) Claims.--No member of the joint underwriting association or health care provider insured by a policy issued by the association has a claim against the association's current or future funds, profits, investments or losses, including upon dissolution.

(210-D added Nov. 12, 2025, P.L.156, No.45)