New Cost for Peer Review / No-Fault Challenges

May 30, 2002 MEMORANDUM 2002-5A TO: Motor Vehicle Insurers Licensed in Hawaii FROM: Wayne C. Metcalf, III Insurance Commissioner RE: New Cost for Peer Review / No-Fault Challenges On December 23, 1994, this office issued Memorandum 1994-24I, which established the cost for a peer review at $304.00. The filing fee remained the same, $200.00, which brought the total cost for a filing of a peer review to $504.00. That total cost has remained unchanged to this day. The Insurance Division has been aware for the past few years, however, that costs for the conducting of peer reviews have increased. The Division has resisted approving the raising of the cost for the conducting of a peer review due to the repeal of the Peer Review process and the prospect that the number of challenges would decrease and eventually cease. Unfortunately, challenges are continually being received and it has become difficult to maintain a pool of qualified professionals to conduct peer reviews in 2002 at the 1994 cost levels. Therefore, effective July1, 2002, the total cost for a peer review will be $600.00, of which $500.00 will be for the peer review and $100.00 will be allocated towards the filing fee. Thank you for your cooperation in this matter.