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1,133 chapters · 28,438 sections in this title.
Minn. Stat. § 60A.761 GLOSSARY OF TECHNICAL TERMS USED.
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60A.761 GLOSSARY OF TECHNICAL TERMS USED. § Subdivision 1.Scope. As used in sections 60A.76 to 60A.768, the terms in subdivisions 2 to 21 have the meanings given them. § Subd. 2.Annual claim cost. "Annual claim cost" means the net annual cost per unit of benefit before the additi…
Minn. Stat. § 60A.762 CATEGORIES OF RESERVES.
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60A.762 CATEGORIES OF RESERVES. The following sections set forth minimum standards for three categories of health insurance reserves: (1) section 60A.763, claim reserves; (2) section 60A.764, premium reserves; and (3) section 60A.765, contract reserves. Adequacy of an insurer's h…
Minn. Stat. § 60A.763 CLAIM RESERVES.
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60A.763 CLAIM RESERVES. § Subdivision 1.Generally. (a) Claim reserves are required for all incurred but unpaid claims on all health insurance policies. (b) Appropriate claim expense reserves are required with respect to the estimated expense of settlement of all incurred but unpa…
Minn. Stat. § 60A.764 PREMIUM RESERVES.
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60A.764 PREMIUM RESERVES. § Subdivision 1.Generally. (a) Unearned premium reserves are required for all contracts with respect to the period of coverage for which premiums, other than premiums paid in advance, have been paid beyond the date of valuation. (b) If premiums due and u…
