Michigan Compiled Laws § 500.702 Health Insurance Reserves; Determination Of Adequacy; Basis.

500.702 Health insurance reserves; determination of adequacy; basis.

Sec. 702.

The adequacy of an insurer's health insurance reserves shall be determined only on the combined basis of claim, premium, and contract reserves and not on any 1 or 2 of these categories alone.

History: Add. 1994, Act 148, Imd. Eff. June 7, 1994
Popular Name: Act 218

Section: 500.701  500.702  500.703  500.705  500.707  500.709  500.711  500.713  500.715  500.717  500.719  500.721  500.723  500.725  500.729  Next

Last modified: October 10, 2016