™Your Policy Risk Impact Agent
23 chapters · 216 sections in this title.
40 Pa.C.S. § 9504 Reinsurance parameters
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(a) Adoption of reinsurance terms.--The department shall, after consultation with all insurers then currently participating in the exchange, and not less than 60 days before final rates for health insurance policies are required to be submitted each year, determine and adopt the …
40 Pa.C.S. § 9505 Insurer eligibility and duties
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(a) Eligibility for payment.--An insurer shall be eligible for a reinsurance payment if: (1) The claims costs for a reinsurance-eligible enrollee's covered benefits in a benefit year exceed the attachment point. (2) The eligible insurer has implemented and documented reasonable c…
40 Pa.C.S. § 9506 Payment of coverage and administrative costs
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(a) General rule.--Consistent with Federal requirements, the department shall pay the following from the Reinsurance Fund: (1) Administrative expenses of the reinsurance program, including the annual audit required under section 9508 (relating to annual audit). (2) Reinsurance pa…
40 Pa.C.S. § 9507 Not an entitlement
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(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.--Notw…
