W. Va. Code R. § 114-99-3

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 114-99-3 - Registration of Auditing Entities

3.1. Prior to conducting business in this state, an auditing entity shall make an application on a form and in a manner prescribed by the Commissioner.

3.2. An initial registration application shall include the following:

3.2.1. The identity, address and telephone number of the applicant;

3.2.2. The name, business address and telephone number of the contact person for the applicant;

3.2.3. When applicable, the federal employer identification number for the applicant; and

3.2.4. A nonrefundable filing fee sufficient to fund the Commissioner's regulatory duties in relation to Article 51, Chapter 33 of the West Virginia Code and this rule, not to exceed $1,000, which shall be set annually by the Commissioner via Bulletin or Notice on or before July 1.

3.3. A licensed insurer or other entity licensed by the Commissioner who conducts pharmacy audits shall comply with the standards and procedures of Article 51, Chapter 33 of the West Virginia Code and this rule, but is not required to separately register as an auditing entity.

3.4. The term of registration shall be two years. However, the Commissioner may, in his or her discretion, fix the date of expiration regarding the initial registration of an auditing entity in any manner as is considered by him or her to be advisable for an efficient distribution of the workload of his or her office, including fixing the date of expiration for the initial registration of an auditing entity for a period less than or more than two years.

3.5. An auditing entity's registration shall be renewed every two years on October 1 upon the submission of a renewal application and the payment of a renewal filing fee sufficient to fund the Commissioner's regulatory duties in relation to Article 51, Chapter 33 of the West Virginia Code and this rule, not to exceed $1,000, which shall be set annually by the Commissioner via Bulletin or Notice on or before July 1. The renewal application fee will be returned to the auditing entity if the renewal of the registration is not granted.

3.6. An auditing entity's renewal application shall be on the same form as the initial application and shall include the same information as required under section 3.2 of this rule.

W. Va. Code R. § 114-99-3