New Jersey Administrative Code
Title 11 - INSURANCE
Chapter 4 - ACTUARIAL SERVICES
Subchapter 6 - MINIMUM RESERVE STANDARDS FOR INDIVIDUAL AND GROUP HEALTH INSURANCE CONTRACTS
Section 11:4-6.8 - Premium reserves-premium reserve methods
Universal Citation: NJ Admin Code 11:4-6.8
Current through Register Vol. 56, No. 6, March
18, 2024
The insurer may employ suitable approximations and estimates; including, but not limited to, groupings, averages and aggregate estimation in computing premium reserves. Such approximations or estimates shall be tested periodically to determine their continuing adequacy and reliability.
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