Section 22-B6013. ASSESSMENT OF THE INSURER

 

6013.1In accordance with § 109 of the Act, D.C. Code, 2001 Ed. §44-301.09, the Director or a designee shall annually send a Notice of Assessment to each insurer. The assessment payable by each insurer shall be calculated by taking the total cost of the program multiplied by the percentage of non-Medicare or non-Medicaid gross direct premiums written in the District of Columbia attributable to that insurer in the prior calendar year, provided that each insurer shall be subject to a minimum annual assessment of no less than $ 100. Payment shall be made by the insurer within ten (10) business days of receipt of the assessment notice.

 

6013.2The monies collected from each insurer subject to the assessment shall be placed in the General Fund in a dedicated account to pay the costs and expenses incurred by the Department of Health related to the implementation and administration of the Act.

 

source

Final Rulemaking published at 47 DCR 229 (January 14, 2000); as amended by Final Rulemaking published at 48 DCR 6444 (July 20, 2001).