Code · Wisconsin · Chapter 633 — Employee benefit plan administrators, principals, and pharmacy benefit managers

633.11 Claim adjustment compensation.

68 words·~1 min read·/wi/chapter-633/633-11

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

633.11 Claim adjustment compensation. If an administrator adjusts or settles claims under an employee benefit plan, the commission, fees or charges that the principal pays the administrator may not be based on the employee benefit plan’s loss experience. This section does not prohibit compensation based on the number or amount of premiums or charges collected, or the number or amount of claims paid or processed by the administrator.