12VAC5-407-90: Late charge
Where this section sits in the code
- Title 12. Health
- Agency 5. Department of Health
- Chapter 407. Procedures for the Submission of Health Maintenance Organization Quality of Care Performance Information
- Part II. Quality of Care Data Reporting
A. A late charge of $25 per working day shall be paid to the board by an HMO that has not received an exemption from the commissioner as provided for in 12VAC5-407-50 and that has not paid the assessed fees by September 15 or later if determined by an agreement between the board and the nonprofit. The late charge may not be assessed until completion of a 30-day grace period for submitting the data.
B. Late charges may be waived by the board, in its discretion, if an HMO can show that an extenuating circumstance exists. Examples of an extenuating circumstance may include, but are not limited to, the installation of a new computerized system, a bankruptcy proceeding, or change of ownership in the HMO.
Collected 2026-09-14T04:50:10Z. Source file · JSON