Utah Administrative Code
Topic - Insurance
Title R590 - Administration
Rule R590-273 - Continuing Care Provider Rule
Section R590-273-6 - Additional Reserve Fund
Universal Citation: UT Admin Code R 590-273-6
Current through Bulletin 2024-06, March 15, 2024
(1) A provider shall create an additional reserve fund if directed to do so by the commissioner.
(2) The additional reserve fund amount shall be determined by a qualified actuary.
(3) An independent actuarial review shall determine the adequacy of an additional reserve fund.
(4) A provider shall pay the reasonable costs of the actuarial review under Subsection 31A-44-603(4).
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