Code of Federal Regulations Title 42. Public Health § 42.403.254 Calculation of premiums

(i) Written premiums for the period;  plus—

(ii) The total premium reserve at the beginning of the period;  less—

(iii) The total premium reserve at the end of the period.

(i) Premiums collected in that period;  plus—

(ii) Premiums due and uncollected at the end of that period;  less—

(iii) Premiums due and uncollected at the beginning of that period.

(i) The unearned premium reserve;

(ii) The advance premium reserve;  and

(iii) The reserve for rate credits.

(i) Accrue by the valuation date of the policy;  and

(ii) Are paid or credited after the valuation date.