La. Admin. Code tit. 37 § III-517
Current through Register Vol. 50, No. 11, November 20, 2024
Section III-517 - Expiration, Renewal of EnrollmentA. Enrollment with the fund expires: 1. as to a health care provider evidencing financial responsibility by certification of insurance pursuant to §505 of these rules, on and as of: a. the effective date and time of termination or cancellation of the policy of the health care provider's professional liability insurance coverage; orb. the last day of the applicable period for which the prior annual surcharge applied in the event that the annual surcharge for renewal coverage is not paid by the health care provider to the insurer on or before 30 days following the expiration of the prior enrollment period.2. as to a health care provider evidencing financial responsibility pursuant to §507-509 of these rules, on and as of: a. the effective date and time of termination, cancellation or impairment of the health care provider's financial responsibility; orb. the last day of the applicable period for which the prior annual surcharge applied in the event that the annual surcharge for renewal coverage is not paid by the health care provider to the board or to the self-insurance trust on or before 30 days following the expiration of the prior enrollment period.B. Enrollment with the fund must be annually renewed by each enrolled health care provider on or before expiration of the enrollment period by submitting to the executive director an application for renewal, upon forms supplied by the executive director, and payment of the applicable surcharge in accordance with the rules hereof providing for the fund's billing and collection of surcharges from insured and self-insured health care providers. Each insured health care provider shall cause the insurer to submit a certificate of insurance to the executive director along with the application for renewal. Each self-insured health care provider and each health care provider covered by a self-insurance trust shall submit, along with the application for renewal, original documents which indicate that the health care provider's deposit with the board is current and/or not in default.La. Admin. Code tit. 37, § III-517
Promulgated by the Office of the Governor, Patients' Compensation Fund Oversight Board, LR 18:174 (February 1992), amended LR 29:346 (March 2003), repromulgated LR 29:579 (April 2003), amended by the Office of the Governor, Division of Administration, Patients' Compensation Fund Oversight Board, LR 38:2538 (October 2012).AUTHORITY NOTE: Promulgated in accordance with R.S. 40:1299.44(D)(3).