Washington Administrative Code
Title 284 - Insurance Commissioner, Office of the
Chapter 284-44 - Health care services contractors-Agents-Contract formats-Standards
Section 284-44-340 - Modification of amount of reimbursement or indemnity
Current through Register Vol. 24-06, March 15, 2024
(1) Reduced deposit requirements may be permitted when data satisfactory to the commissioner are provided which indicate an amount less than that set forth in WAC 284-44-320 and 284-44-330 is adequate to cover incurred but unpaid reimbursement or indemnity benefits. In determining a lesser requirement, the commissioner will include in his consideration:
(2) The commissioner may from time to time require additional indemnification to be furnished when a review of the health care service contractor's affairs demonstrates that existing indemnification is inadequate.
Statutory Authority: RCW 48.44.050. 82-23-010 (Order R 82-6), § 284-44-340, filed 11/5/82, effective 1/1/83.