Coverage note: this corpus holds the
consolidated Pa.C.S. titles only. Unconsolidated P.S. statutes (UTPCPL 73 P.S. § 201-1, Liquor Code, wage payment laws) are not included; a miss here does not mean the statute does not exist. Check
palegis.us.
§ 6125. Reports and examinations.
(a) Annual report.--Every hospital plan corporation shall on or before March 1 of each year, file with
the department a statement, verified by at least two of the principal officers of
the corporation showing its condition at the end of the preceding calendar year. Such
statement shall be in such form, and shall contain such matters, as the department
shall prescribe.
(b) Examination.--Every hospital plan corporation shall be subject to examination not less frequently
than every three years by the department and its agents, who shall have free access
to all the books, records, papers and documents that relate to the business of the
corporation, and the power to examine the officers, agents, employees and subscribers
to the nonprofit hospital plan of the corporation, under oath, in relation to the
affairs, transactions and financial condition of the corporation. Such examinations
shall be made at such times as the department shall deem necessary.
Notes of Decisions
Capital Bluecross v. Pennsylvania Ins. Dep't, 937 A.2d 552 (Pa. Commw. Ct. 2007).
“See 40 Pa.C.S. §§ 6125 (reports and examinations by hospital plan corporations), 6331 (reports and examinations of professional health service plan corporations).”
Ciamaichelo v. Indep. Blue Cross, 814 A.2d 800 (Pa. Commw. Ct. 2002).
“40 Pa.C.S. § 6125. The complainants’ claims, while characterized as violation of the nonprofit corporation law, breach of contract, and breach of fiduciary duty, are all based first on their allegation that Blue Cross has accumulated excessive reserves (i.”
Wooden v. Highmark, Inc., 32 Pa. D. & C.5th 377 (2013).
· cites it 2× “40 Pa. Cons. Stat. §§ 6125 , 6331. . In arriving at this rough figure, the court relied upon Highmark’s executive compensation charts for 2004-2008 contained in the Insurance Department’s 2009 Report of Limited-Scope Examination of Independence Blue Cross Philadelphia, PA and…”
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