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Docusign Envelope ID: 921 F7A24-D5CE-4BCC-9F3C-5E7844661266 <br />benefit plans established by an employer or employee organization, or both, may be available to the depart- <br />ment for audit, inspection, examination or investigation at the option of the employer or employee organi- <br />zation. Nothing in this subsection is intended to abridge or interfere with the department's authority to <br />review all records necessary to determine jurisdiction over any entity that may be subject to this or other <br />insurance laws generally. Expenses incurred by the department in examination of administrators shall be <br />paid by the administrator in the same manner, and in the same amounts, pursuant to the examination provi- <br />sions of this act and applicable regulations. Trade secrets, including the identity and addresses of policy- <br />holders and certificate holders, will be treated as confidential by the department, except the department may <br />use that information in proceedings instituted against the administrator." <br />5. Advertising. Administrator may use advertising relating to the business underwritten by Insurer <br />only to the extent that the advertising has been approved by Insurer before the advertising is used. 40 Pa. <br />Cons. Stat. § 324.8. <br />6. Fiduciary Account. All charges collected by Administrator on behalf of or for Insurer and return <br />charges or premiums received from Insurer, if any, shall be held by Administrator in a fiduciary capacity. <br />The funds shall be immediately remitted to the person or persons entitled thereto or shall be deposited <br />promptly in one or more appropriately identified bank accounts in banks or other financial institutions <br />which are subject to supervision or examination by Federal or State banking regulatory authorities. If <br />charges so deposited have been collected on behalf of or for more than one benefit plan, Administrator shall <br />maintain the accounts to clearly record the deposits in and withdrawals fi-om the account on behalf of each <br />benefit plan. Administrator shall promptly obtain and keep copies of all such records and, upon request of <br />Insurer, shall furnish Insurer with copies of records pertaining to deposits and withdrawals on behalf of or <br />for Insurer. Administrator shall not pay any Claim by withdrawals from the fiduciary account. Withdrawals <br />from the fiduciary account shall be made, as provided in the Agreement between Administrator and Insurer, <br />for: (1) Remittance to Insurer entitled thereto. (2) Deposit in an account maintained in the name of In- <br />surer. (3) Transfer to and deposit in a Claims -paying account. (4) Payment to Insurer for remittance to an <br />insurer entitled thereto. (5) Payment to Administrator of its commission, fees or charges. (6) Remittance of <br />return premiums or charges to the person or persons entitled thereto. 40 Pa. Cons. Stat. § 324.9. <br />7. Notification Required. Administrator shall provide a written notice approved by the Plan sponsor <br />to Eligible Persons advising them of the identity of and relationship among Administrator, the Plan Sponsor, <br />and Insurer, if Insurer is a different entity than the Plan sponsor. The Parties agree that Administrator will <br />not collect funds representing premiums or charges for coverage. 40 Pa. Cons. Stat. § 324.11. <br />8. Claim Adjustment and Settlement. The compensation to Administrator with regard to the con- <br />tracts shall in no way be contingent upon Claim experience. This section shall not prevent the compensation <br />of Administrator from being based upon charges collected or number of Claims paid or processed. 40 Pa. <br />Cons. Stat. § 324.10. <br />157 <br />This document is CONFIDENTIAL AND PROPRIETARY to RIGHTWAY Healthcare, Inc. and may not be reproduced, <br />transmitted, published, or disclosed to others without the prior written authorization of RIGHTWAY Healthcare, Inc. <br />