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2017 New Jersey Revised Statutes
TITLE 17B - INSURANCE
Section 17B:30-31 - Additional record of claims.
Universal Citation: NJ Rev Stat § 17B:30-31 (2017)
17B:30-31 Additional record of claims.
6. a. In addition to the annual audit required by section 5 of this act, the payer shall maintain and report to the commissioner on no less than a quarterly basis, a record of claims as provided in paragraphs (1) through (9) of subsection a. of section 5 of this act.
b. After reviewing a report, the commissioner may require an immediate audit of the payer by a private audit firm and after reviewing the audit, if he deems it necessary, may proceed with a remediation or monitoring procedure as provided by subsection b. of section 5 of this act.
L.1999,c.155,s.6.
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