Section 1006. Payment to Administrator.--The payment to the administrator of any premiums or charges for benefit coverage by or on behalf of those persons covered by the benefit plan shall be deemed to have been received by the benefit plan, and the payment of return premiums, charges or claims by the benefit plan to the administrator shall not be deemed payment to the person or claimant until the payments are received by the person or claimant. Nothing in this section shall limit any right of a benefit plan against the administrator resulting from its failure to make payments to the benefit plan, those persons covered by the benefit plan or claimants.
(1006 added Dec. 12, 1994, P.L.1035, No.141)