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Current as of January 01, 2024 | Updated by Findlaw Staff
Self-funded multiple employer welfare arrangements shall establish by the end of the first year of operations of the arrangement and shall maintain as of the end of each year of operations reserves equal to at least 30% of the unpaid claims liability of the arrangement. The commissioner may adopt rules regarding the supervision, rehabilitation, and liquidation of self-funded multiple employer welfare arrangements that fail to maintain the level of reserves required by this section.
Cite this article: FindLaw.com - Montana Title 33. Insurance and Insurance Companies § 33-35-209. Minimum reserve requirements - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-33-insurance-and-insurance-companies/mt-st-33-35-209/
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