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Code · Washington · Title 48 — Insurance · Chapter 48.125

RCW 48.125.060

83 words·~1 min read·/wa/title-48/chapter-48-125/48-125-060·

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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 s 8 .]
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