58-56-36. Compensation to the TPA.
A TPA shall not enter into any agreement or understanding with an insurer that makes the amount of the TPA's commissions, fees, or charges contingent upon savings effected in the adjustment, settlement, and payment of losses covered by the insurer's obligations. This section does not prohibit a TPA from receiving performance-based compensation for providing hospital or other auditing services and does not prevent the compensation of a TPA from being based on premiums or charges collected or the number of claims paid or processed. (1991, c. 627, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 56 - Third Party Administrators.
§ 58-56-6 - Written agreement necessary.
§ 58-56-16 - Records to be kept.
§ 58-56-21 - Approval of advertising.
§ 58-56-26 - Responsibilities of the insurer.
§ 58-56-31 - Premium collection and payment of claims.
§ 58-56-36 - Compensation to the TPA.
§ 58-56-41 - Notice to covered individuals; disclosure of charges and fees.
§ 58-56-46 - Delivery of materials to covered individuals.
§ 58-56-51 - License required.
§ 58-56-56 - Waiver of application for license.
§ 58-56-65 - Committee on Third Party Administrators.
§ 58-56-66 - Grounds for suspension or revocation of license.