Tenn. Comp. R. & Regs. 0780-01-76-.06 – Minimum Surplus | Midpage

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Tennessee Rules and Regulations

Chapter 0780-01-76

0780-01-76-.06

Tenn. Comp. R. & Regs. 0780-01-76-.06

Minimum Surplus

Effective Jun 28, 2004Authority: T.C.A. §56-26-204(b).Tennessee Department of Commerce and Insurance

A self-funded qualified multiple employer welfare arrangement shall establish and maintain surplus equal to the greater of the following:

(1) Thirty percent (30%) of the unpaid claims liability of the arrangement; or
(2) The amount recommended and certified by a qualified actuary.

Authority: T.C.A. §56-26-204(b). Administrative History: Original rule filed April 14, 2004; effective June 28, 2004.