W. Va. Code R. § 114-44-4

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 114-44-4 - Categories of Reserves

4.1. This rule establishes minimum standards for three categories of health insurance reserves: claims reserves, premium reserves and contract reserves.

4.2. The adequacy of an insurer's health insurance reserves is to be determined on the basis of all three categories combined. However, this rule emphasizes the importance of determining appropriate reserves for each of the three categories separately.