Pennsylvania Statutes Title 72 P.S. Taxation and Fiscal Affairs § 211-D. Joint Underwriting Association Board

(1) Three members appointed by the Governor with experience in insurance and medical professional liability.

(2) One member appointed by each of the following:

(1) Salaries and benefits of employees of the board shall be set by the board.

(2) Employees, including the executive director, shall not be public employees for purposes of the act of July 23, 1970 (P.L. 563, No. 195),  1 known as the Public Employe Relations Act.

(3) Employees, including the executive director, shall not be State employees for purposes of 71 Pa.C.S. Pt. XXV   2 (relating to retirement for State employees and officers).

(1) Adopt bylaws and guidelines.

(2) Appoint committees and retain experts, advisors, consultants and agents as needed.

(3) Enter into agreements and contracts necessary for administration of the plan consistent with this act and the applicable provisions of the Mcare Act.

(4) Develop rates, rating plans, rating and underwriting rules and standards, rate classifications, rate territories, policy forms and riders in accordance with applicable Federal and State law and subject to approval under sections 712(f) and 731(b)(2) and (4)  3 of the Mcare Act.

(5) Invest, borrow and disburse funds, budget expenses, levy assessments, receive contributions, reinsure liabilities of the joint underwriting association and perform other duties necessary or incidental to proper administration of the plan.

(6) If the board determines it is in the best interest of policyholders and the Commonwealth, and subject to the commissioner's approval, place a portion of the joint underwriting association's funds in a restricted receipt account in the State Treasury.  The State Treasurer shall establish the restricted receipt account at the board's request.

(7) Authorize the executive director to participate in scheduling conferences and other provisions of Article IX of The Insurance Department Act   4 on behalf of the board.