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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Washington Revised Code Title 48. Insurance § 48.125.060. Surplus required--Amount--Enforcement - last updated January 01, 2025 | https://codes.findlaw.com/wa/title-48-insurance/wa-rev-code-48-125-060/
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