31 Pa. Code § 243.11

Current through Register Vol. 54, No. 49, December 7, 2024
Section 243.11 - Compliance by existing self-insured hospitals

A health care provider currently operating under an approved self-insurance plan shall comply with the capitalization requirements of § 243.3 (relating to standards for self-insurance plans) by November 18, 1987. Compliance shall be attained by meeting the capitalization levels set for the corresponding years the current self-insurance plans have been in existence. For example, a self-insurance plan approved by the Commissioner in 1986 shall have at least $200,000 in its trust fund by November 18, 1987, or a plan approved in 1985 shall have at least $325,000 by November 18, 1987.

31 Pa. Code § 243.11

The provisions of this § 243.11 adopted September 18, 1987, effective 11/18/1987, 17 Pa.B. 3742.

The provisions of this § 243.11 amended under The Insurance Department Act of 1921 (40 P. S. §§ 1-321); The Insurance Company Law of 1921 (40 P. S. §§ 341-991); and sections 206, 506, 1501 and 1502 of The Administrative Code of 1929 (71 P. S. §§ 66, 186, 411 and 412); and the Health Care Services Malpractice Act (40 P. S. §§ 1301.101-1301.1006).