West Virginia Code of State Rules
Agency 114 - Insurance Commission
Title 114 - LEGISLATIVE RULE INSURANCE COMMISSIONER
Series 114-44 - Minimum Reserve Standards For Individual And Group Health Insurance Contracts
Section 114-44-4 - Categories of Reserves
Universal Citation: 114 WV Code of State Rules 114-44-4
Current through Register Vol. XLI, No. 38, September 20, 2024
4.1. This rule establishes minimum standards for three categories of health insurance reserves: claims reserves, premium reserves and contract reserves.
4.2. The adequacy of an insurer's health insurance reserves is to be determined on the basis of all three categories combined. However, this rule emphasizes the importance of determining appropriate reserves for each of the three categories separately.
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