Section 21.85.050. Minimum reserves.

Latest version.

A self-funded multiple employer welfare arrangement shall establish and maintain reserves equal to the greater of
        (1) 30 percent of the unpaid claim liability of the arrangement; or
        (2) the amount recommended and certified by a qualified actuary.

Authorities

21.85.040

Notes

References

AS 21.85.040 Application for a certificate of authority.

History

(Sec. 57 ch 38 SLA 2002)

                    
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