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§ 500.702 — Michigan Law | CourtGPT
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  2. Laws/
  3. Michigan/
  4. Chapter 500 - Insurance Code of 1956act 218 of 1956 - the Insurance Code of 1956 (500.100 - 500.8302)218-1956-1 -/
  5. Statute Act 218 of 1956/
  6. Division 218 1956 7/
  7. § 500.702
Michigan Legal Code

§ 500.702

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500.702 Health insurance reserves; determination of adequacy; basis. Sec. 702. The adequacy of an insurer's health insurance reserves shall be determined only on the combined basis of claim, premium, and contract reserves and not on any 1 or 2 of these categories alone. History: Add. 1994, Act 148, Imd. Eff. June 7, 1994 Popular Name: Act 218