Minnesota § 60A.762 CATEGORIES OF RESERVES

Minnesota Statutes

§ 60A.762 — CATEGORIES OF RESERVES

Minnesota § 60A.762

PartINSURANCE

Ch. 60AGENERAL INSURANCE POWERS

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Bluebook

Minn. Stat. § 60A.762 (2026).

Text

The following sections set forth minimum standards for three categories of health insurance reserves:

(1)section60A.763, claim reserves;

(2)section60A.764, premium reserves; and

(3)section60A.765, contract reserves. Adequacy of an insurer's health insurance reserves is to be determined on the basis of all three categories combined. However, sections60A.76to60A.768emphasize the importance of determining appropriate reserves for each of the three categories separately.

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The following sections set forth minimum standards for three categories of health insurance reserves:
(1) section60A.763, claim reserves;
(2) section60A.764, premium reserves; and
(3) section60A.765, contract reserves.
Adequacy of an insurer's health insurance reserves is to be determined on the basis of all three categories combined. However, sections60A.76to60A.768emphasize the importance of determining appropriate reserves for each of the three categories separately.