A self-funded multiple employer welfare arrangement shall establish and maintain reserves equal to the greater of (1) 30 percent of the unpaid claim liability of the arrangement; or
(2) the amount recommended and certified by a qualified actuary.
AS 21.85.050, under Regulation of Multiple Employer Welfare Arrangements..
AS 21.85.050
A self-funded multiple employer welfare arrangement shall establish and maintain reserves equal to the greater of (1) 30 percent of the unpaid claim liability of the arrangement; or
(2) the amount recommended and certified by a qualified actuary.