A risk-assuming preferred provider organization which is not a licensed insurer shall be governed by the statutes and regulations applicable to the filing and preparation of financial statements and the frequency and conduct of examinations by the Commissioner and deputies which apply to licensed domestic insurers, including adherence to statutory accounting practices and establishing reserves on a sound actuarial basis.
31 Pa. Code § 152.21
This section cited in 31 Pa. Code § 152.19 (relating to annual reporting requirements); and 31 Pa. Code § 152.22 (relating to fees).