Michigan Code § 500.702

Health Insurance Reserves; Determination of Adequacy; Basis.
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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

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