New Jersey § 17B:30-31 Additional record of claims.

New Jersey Statutes

§ 17B:30-31 — Additional record of claims.

New Jersey § 17B:30-31

Title 17BINSURANCE

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Bluebook

N.J. Stat. Ann. § 17B:30-31 (2026).

Text

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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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.