Section 60. Annual notification and modification of reporting form

The Bureau of Insurance shall be permitted to modify the data requirements of the MB-1 reporting form and data reporting instructions on an annual basis. Any such modifications, including but not limited to the addition of new benefit or provider categories as necessitated by the addition of new mandated benefit or provider requirements to the Code of Virginia, shall be provided to all entities described in 14VAC5-190-20, in the form of an administrative letter sent by regular mail to the entity's mailing address shown in the bureau's records. Failure by an entity to receive such annual notice shall not be cause for exemption or grounds for noncompliance with the reporting requirements set forth in these rules.

Historical Notes

Derived from Regulation 38, Case No. INS910044, § 6, eff. October 1, 1991; amended, Case No. INS940147, Volume 11, Issue 08, eff. December 7, 1994.

Statutory Authority

§§ 12.1-13, 38.2-223 and 38.2-3419.1 of the Code of Virginia.