760 Ind. Admin. Code 1-68-10

Current through December 12, 2024

Section 760 IAC 1-68-10 - Financial condition

Authority: IC 27-1-34-9

Affected: IC 27-1-34

Sec. 10.

Each MEWA shall maintain a minimum fund balance of five hundred thousand dollars ($500,000). A MEWA that provides coverage for dental and/or vision, or both, services only shall maintain a minimum fund balance of one hundred fifty thousand dollars ($150,000).

760 IAC 1-68-10

Department of Insurance; 760 IAC 1-68-10; filed Apr 15, 2003, 2:20 p.m.: 26 IR 3041; filed Mar 7, 2006, 2:00 p.m.: 29 IR 2192; readopted filed Nov 24, 2009, 9:35 a.m.: 20091223-IR-760090791RFA

Readopted filed 11/20/2015, 9:25 a.m.: 20151216-IR-760150341RFA

Readopted filed 11/15/2021, 8:32 a.m.: 20211215-IR-760210419RFA