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Health insurance reserves; determination of adequacy; basis.

MCL 500.702
in effect
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500.702. Health insurance reserves; determination of adequacy; basis. 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. Add. 1994, Act 148, Imd. Eff. June 7, 1994 [PopularName] Act 218
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-500-702Fetched: 10/20/2026

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