Section 5603. Arbitration administration fund and expenses

(a) There is
  established within the department  an  arbitration  administration  fund
  which  shall  be considered to be an expense of the department and shall
  be funded by order of the  superintendent,  pursuant  to  section  three
  hundred thirty-two of this chapter in such amount as shall be sufficient
  to  defray  the actual administrative expenses of the department and the
  arbitration  administrator  for  the  projected  number  of  arbitration
  proceedings  for  a twelve month period, after taking into consideration
  any excessive or insufficient amounts from the previous assessments, any
  appropriation of public funds for this purpose and any  funds  collected
  from  claimants participating in the arbitration. If the amount assessed
  for any twelve month period is insufficient to  defray  expenses  during
  that  period, a further assessment may be ordered by the superintendent.
  The  arbitration  administrator  shall  establish  reasonable  fees  for
  claimants who participate in the arbitration, subject to the approval of
  the superintendent.
    (b)  The  administrative  expenses shall include but not be limited to
  the  costs  of  arbitrators,  the  arbitration  administrator  and   the
  department.