Section 2218.63 - Issuance of Invoice and Disposition of Assessment Proceeds(a) The Department of Insurance shall issue an invoice to each health insurer setting forth the amount of the assessment owed. The invoice shall be issued no later than the fifteenth day of June for any assessment.(b) The invoice described in Section 2218.63(a) shall assess a fee calculated in the manner described in 2218.62 from each health insurer for the Fiscal Years 2006-07, 2007-08, 2008-09 and 2009-10.(c) Any amount set forth in the invoice described in 2218.63(a) shall be due and payable upon receipt and shall be considered delinquent if the total amount invoiced is not received within 45 days of the date that the invoice is issued.(d) Fees assessed and collected pursuant to this section shall be deposited in the Health Care Benefits Fund for the sole purpose of collecting and disbursing funds for the administrative and operational costs arising from the provisions of Chapter 7 (commencing with Section 127660), Part 2 of Division 107 of the Health and Safety Code.Cal. Code Regs. Tit. 10, § 2218.63
1. New section filed 4-1-2005; operative 5-1-2005 (Register 2005, No. 13).
2. Amendment of subsection (b) filed 10-10-2007; operative 11-9-2007 (Register 2007, No. 41). Note: Authority cited: Sections 127662 and 127664, Health and Safety Code; and Sections 12921 and 12926, Insurance Code. Reference: Section 106, Insurance Code; and Sections 127660, 127661, 127662, 127663 and 127664, Health and Safety Code.
1. New section filed 4-1-2005; operative 5-1-2005 (Register 2005, No. 13).
2. Amendment of subsection (b) filed 10-10-2007; operative 11-9-2007 (Register 2007, No. 41).