2023 Medical Care Availability and Reduction of Error Fund; notice of and amount of assessment action; notice 2013-08

INSURANCE DEPARTMENT

Medical Care Availability and Reduction of Error Fund; Notice of and Amount of Assessment Action; Notice 2013-08

[43 Pa.B. 6470]
[Saturday, October 26, 2013]

 The Insurance Department (Department), Medical Care Availability and Reduction of Error Fund, by Todd Rittle, Executive Director, under section 712 of the Medical Care Availability and Reduction of Error (MCARE) Act (act) (40 P. S. § 1303.712), has determined that the annual assessment to be levied for calendar year 2014 shall be 23% applied to the prevailing primary premium for each participating health care provider.

 The act defines ''prevailing primary premium'' as the schedule of occurrence rates approved by the Insurance Commissioner for the Joint Underwriting Association (JUA). For purposes of the 2014 annual assessment, the rates shall be those currently approved for use by the JUA.

 Participating health care providers having approved self-insurance plans shall be assessed an amount equal to the assessment imposed on a participating health care provider of like class, size, risk and kind as determined by the Department.

 This action is subject to 1 Pa. Code Part II (relating to the General Rules of Administrative Practice and Procedure).

TODD RITTLE, 
Executive Director

[Pa.B. Doc. No. 13-2023. Filed for public inspection October 25, 2013, 9:00 a.m.]