2012 Pennsylvania Consolidated Statutes
Title 40 - INSURANCE
Chapter 61 - Hospital Plan Corporations
Section 6103 - Exemptions applicable to certified hospital plan corporations

     § 6103.  Exemptions applicable to certified hospital plan
                    corporations.
        (a)  General insurance laws.--A hospital plan corporation
     holding a certificate of authority under this chapter shall not
     be subject to the laws of this Commonwealth now in force
     relating to the business of insurance, and no statute hereafter
     enacted relating to the business of insurance shall apply to
     such a corporation unless such statute shall specifically refer
     and apply to a corporation subject to this chapter.
        (b)  Tax laws.--Every hospital plan corporation holding a
     certificate of authority under this chapter is hereby declared
     to be a charitable and benevolent institution, and all its funds
     and investments shall be exempt from taxation by the
     Commonwealth and its political subdivisions.

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