Pennsylvania Code
Title 31 - INSURANCE
Part IX - Medical Catastrophe Loss Fund
Chapter 242 - MEDICAL PROFESSIONAL LIABILITY CATASTROPHE LOSS FUND
Section 242.9 - Overpayments, credits, and duplicate payments
Universal Citation: 31 PA Code ยง 242.9
Current through Register Vol. 54, No. 44, November 2, 2024
When overpayments are made by insureds, agents or insurers, they may be recovered by offsets against amounts due from companies to the Fund. The offsets shall be recorded on Form 216 with minus signs or brackets to distinguish them from debits and shall be accompanied by evidence in support of refunds resulting from premium reductions under § 242.5(a)(1) (relating to adjustment of surcharge). Surcharge credits of amounts less than $10 may be waived in accordance with the insurer's policy relative to small return premiums.
Disclaimer: These regulations may not be the most recent version. Pennsylvania may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
