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2017 Michigan Compiled Laws
Chapter 500 - Insurance Code of 1956
Act 218 of 1956 THE INSURANCE CODE OF 1956 (500.100 - 500.8302)
218-1956-7 CHAPTER 7 RESERVE STANDARDS FOR DISABILITY INSURANCE (500.701...500.737)
Section 500.731 Disability benefits for group health insurance certificates; minimum morbidity standards.
Universal Citation: MI Comp L § 500.731 (2017)
500.731 Disability benefits for group health insurance certificates; minimum morbidity standards.
Sec. 731.
The following minimum morbidity standards for disability benefits for group health insurance certificates shall be used:
(a) For contract reserves for policies and certificates issued on or after the effective date of this chapter, the 1987 commissioners group disability income table (87 C.G.D.T.).
(b) For claim reserves for claims incurred prior to, on, or after the effective date of this chapter, the 1987 commissioners group disability income table (87 C.G.D.T.).
History: Add. 1994, Act 148, Imd. Eff. June 7, 1994
Popular Name: Act 218
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