Mich. Comp. Laws § 500.702

Current through Public Act 190 of the 2024 Legislative Session

Section 500.702 - Health insurance reserves; determination of adequacy; basis

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.

MCL 500.702

Add. 1994, Act 148, Imd. Eff. 6/7/1994 .