§ 48.125.060. Surplus required -- Amount -- Enforcement
Self-funded multiple employer welfare arrangements must maintain continuously a surplus equal to at least ten percent of the next twelve months projected incurred claims or two million dollars, whichever is greater. The commissioner may proceed against self-funded multiple employer welfare arrangements that fail to maintain the level of surplus required by this section in any manner that the commissioner is authorized to proceed against a health care service contractor that failed to maintain minimum net worth.
[2004 c 260 § 8.]
Sections: Previous 48.125.003 48.125.005 48.125.010 48.125.020 48.125.030 48.125.040 48.125.050 48.125.060 48.125.070 48.125.080 48.125.090 48.125.100 48.125.110 48.125.120 48.125.130 NextLast modified: April 7, 2009