2012 Revised Code of Washington
Title 48 - INSURANCE
48.125 Self-funded multiple employer welfare arrangements.
48.125.060 Surplus required -- Amount -- Enforcement.
RCW 48.125.060 Surplus required — Amount — Enforcement.
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.
[2004 c 260 § 8.]
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