Tenn. Comp. R. & Regs. 0780-01-76-.06

Current through June 26, 2024

Section 0780-01-76-.06 - MINIMUM SURPLUS

A self-funded qualified multiple employer welfare arrangement shall establish and maintain surplus equal to the greater of the following:

(1) Thirty percent (30%) of the unpaid claims liability of the arrangement; or

(2) The amount recommended and certified by a qualified actuary.

Tenn. Comp. R. & Regs. 0780-01-76-.06

Original rule filed April 14, 2004; effective June 28, 2004.

Authority: T.CA. § 56-26-204(b).