2013 Assessment - 25%
2013 Assessment Rate of 25% as published in the Pennsylvania Bulletin.
The annual assessment to be levied for calendar year 2013 will be 25% applied to the prevailing primary premium for each participating health care provider. The Mcare Act defines “prevailing primary premium” as the schedule of occurrence rates approved by the Insurance Commissioner for the Joint Underwriting Association (JUA).
For purposes of the 2013 annual assessment, the rates shall be those currently approved for use by the JUA. Participating health care providers having approved self-insurance plans shall be assessed an amount equal to the assessment imposed on a participating health care provider of like class, size, risk and kind as determined by the Department.
Assessment Payment Option Available
Mcare is able to accept assessment payments through an electronic funds transfer (EFT) payment process. The EFT transaction may be an ACH or wire transfer. The EFT process provides primary insurers with alternative payment methods, in addition to paper checks. We strongly recommend the use of EFTs when payments are made.
To learn more about this new payment option and the minimum standards, please send an email to Mcare’s Fiscal Unit at email@example.com expressing your interest. We will have an Mcare representative call you to explain the program. We thank you in advance for considering Mcare's preferred method of payment.
2013 Assessment Manual v.3 Published 6.18.2014 | Cover Letter
Cancellations and Endorsements: Update of the exceptions to the no credit rule as found on page 15.
- Updated Section: Extended Reporting Period ("Tail") Coverage, page 33
The 2013 Mcare Assessment Manual ("Manual") is intended to assist in calculating Mcare assessments pursuant to Act 13 of 2002. Please be certain to read it in its entirety to determine how changes may alter your processes.
Exhibit 1 Rates for 2013 Individual Health Care Providers
Exhibit 2 Rates for 2013 Hospitals, Nursing Homes and Primary Health Care Centers
Exhibit 3 JUA's Specialty Classification Codes for Physicians, Surgeons and Other Health Care Providers
IMPORTANT PROCESSING UPDATE - ELECTRONIC SUBMISSIONS: Electronic submission of Excel type e-216 is the preferred method of reporting basic professional liability insurance coverage to Mcare. No longer is a hardcopy 216 required when submitting your e-216 with or without payment. This change applies to all submissions, regardless of the assessment year, with a run date on or after January 1, 2013. The e-216 must be sent to the following e-mail address firstname.lastname@example.org Payment must be sent to Mcare on or about the same time as the e-216 is e-mailed, but within 60 days of the effective date. For complete details, please refer to page 8 of the 2013 Assessment Manual.
The standard for submitting new and renewal business to Mcare is to do so electronically via Form e-216, or one of the other two approved formats listed in the manual. Submitting electronically increases Mcare's ability to process coverage information and payment in a more efficient and expeditious manner.
This form is to be used by basic professional liability insurance carriers and approved self-insurers for summarizing surcharges/assessments collected, payable and refundable. Except for an approved self-insured health care provider, a health care provider may not complete this form.
All surcharges and assessments due, should be received in Mcare’s Office within 60 days from the effective date of coverage, cancellation or endorsement.
Refer to the 2013 Assessment Manual for rating information.
Laws, Regulations, Statements of Policy and Notices:
Click here to access Laws, Regulations, Statements of Policy and Notices that may assist your understanding and reporting of Mcare coverage and/or claims.
The Pennsylvania Code is the official repository for all Commonwealth regulations. The Insurance Department's regulations are available at http://www.pacode.com/secure/data/031/031toc.html
Click here for Mcare regulations published in the Pennsylvania Code.