Missouri Code of State Regulations
Title 20 - DEPARTMENT OF COMMERCE AND INSURANCE
Division 200 - Insurance Solvency and Company Regulation
Chapter 1 - Financial Solvency and Accounting Standards
Section 20 CSR 200-1.050 - Financial Standards for Prepaid Dental Plans
Current through Register Vol. 49, No. 6, March 15, 2024
PURPOSE: This amendment modernizes the rule and removes outdated and unnecessary provisions.
(1) Assets of a prepaid dental plan will be admitted and included in determining the financial condition of the prepaid dental plan only if included within one (1) or more of the following list of admissible assets:
(2) No asset shall be admissible except as stated in section (1) and in accordance with the statements of statutory accounting principles.
(3) Liabilities shall be determined in accordance with the statements.
(4) The director will consider compliance with the standards of section 375.539, RSMo when evaluating a prepaid dental plan under section 354.722, RSMo.
The secretary of state has determined that the publication of this rule in its entirety would be unduly cumbersome or expensive. The entire text of the material referenced has been filed with the secretary of state. This material may be found at the Office of the Secretary of State or at the headquarters of the agency and is available to any interested person at a cost established by state law.
*Original authority: 354.723, RSMo 1987.