Ins 17.28(4)(h)(h) Billing; entire fiscal year. Except as provided in sub. (6e) (b), for each fiscal year, the fund shall issue to each provider participating in the fund an initial bill which shall include all of the following:
Ins 17.28(4)(h)1.1. The total annual fee due for the fiscal year.
Ins 17.28(4)(h)2.2. Any applicable surcharge imposed under s. Ins 17.285.
Ins 17.28(4)(h)3.3. The balance and accrued interest, if any, due from a prior fiscal year.
Ins 17.28(4)(h)4.4. Notice of the provider’s right to pay the amount due in full or in instalments.
Ins 17.28(4)(h)5.5. The minimum amount due if the provider elects installment payments.
Ins 17.28(4)(h)6.6. The payment due date.
Ins 17.28(4)(i)(i) Billing; partial fiscal year. The fund shall issue each provider entering the fund after the beginning of a fiscal year an initial bill which shall include all of the following;
Ins 17.28(4)(i)1.1. The total amount due calculated under par. (b).
Ins 17.28(4)(i)2.2. Notice of the provider’s right to pay the amount due in full or in instalments.
Ins 17.28(4)(i)3.3. The minimum amount due if the provider elects installment payments.
Ins 17.28(4)(i)4.4. The payment due date.
Ins 17.28(4)(j)(j) Balance billing. If a provider pays at least the minimum amount due but less than the total amount due by the due date, the fund shall calculate the remainder due by subtracting the amount paid from the amount due and shall bill the provider for the remainder on a quarterly installment basis. Each subsequent bill shall include all of the following:
Ins 17.28(4)(j)1.1. The total of the remainder due.
Ins 17.28(4)(j)2.2. Interest on the remainder due. The daily rate of interest shall be the average annualized rate earned by the fund on its short-term funds for the first 3 quarters of the preceding fiscal year, as determined by the state investment board, divided by 360.
Ins 17.28(4)(j)3.3. A $3 administrative service charge.
Ins 17.28(4)(j)4.4. The minimum amount due.
Ins 17.28(4)(j)5.5. The payment due date.
Ins 17.28(4)(k)(k) Prompt payment required. A provider shall pay at least the minimum amount due on or before each due date. If the fund receives payment later than the due date specified in the late payment notice sent to the provider by certified mail, the fund, notwithstanding par. (n) 5., may not apply the payment retroactively to the annual fee unless the board has authorized retroactive coverage under sub. (3s) (b).
Ins 17.28(4)(n)(n) Application of payments. Except as provided in par. (k), all payments to the fund shall be applied in chronological order first to previous fiscal years for which a balance is due and then to the current fiscal year. The amounts for each fiscal year shall be credited in the following order:
Ins 17.28(4)(n)1.1. Mediation fund fee imposed under s. Ins 17.01.
Ins 17.28(4)(n)2.2. Administrative service charge under par. (j) 3.
Ins 17.28(4)(n)3.3. Interest under par. (j) 2.
Ins 17.28(4)(n)4.4. Surcharge imposed under s. Ins 17.285.
Ins 17.28(4)(n)5.5. Annual fee under sub. (6).
Ins 17.28(4)(o)(o) Waiver of balance. The fund may waive any balance of $50 or less, if it is in the economic interest of the fund to do so.
Ins 17.28(5)(5)Filing of certificates of insurance.
Ins 17.28(5)(a)(a) Electronic filing. Except as provided in par. (b), each insurer and self-insured provider required under s. 655.23 (3) (b) or (c), Stats., to file a certificate of insurance shall file the certificate electronically in the format specified by the commissioner by the 15th day of the month following the month of original issuance or renewal or a change of class under sub. (6).
Ins 17.28(5)(b)(b) Exemption. An insurer or self-insured provider may file a written request for an exemption from the requirement of par. (a). The commissioner may grant the exemption if he or she finds that compliance would constitute a financial or administrative hardship. An insurer or self-insured provider granted an exemption under this paragraph shall file a paper certificate in the format specified by the commissioner within 45 days after original issuance or renewal or a change of class under sub. (6).