Washington § 48.125.060 Surplus required—Amount—Enforcement.

Washington Statutes

§ 48.125.060 — Surplus required—Amount—Enforcement.

Washington § 48.125.060

Title 48INSURANCE

Ch. 48.125SELF-FUNDED MULTIPLE EMPLOYER WELFARE ARRANGEMENTS

This text of Washington § 48.125.060 (Surplus required—Amount—Enforcement.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wash. Rev. Code § 48.125.060 (2026).

Text

Self-funded multiple employer welfare arrangements must maintain continuously a surplus equal to at least ten percent of the next twelve months projected incurred claims or two million dollars, whichever is greater. The commissioner may proceed against self-funded multiple employer welfare arrangements that fail to maintain the level of  surplus required by this section in any manner that the commissioner is authorized to proceed against a health care service contractor that failed to maintain minimum net worth.

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Self-funded multiple employer welfare arrangements must maintain continuously a surplus equal to at least ten percent of the next twelve months projected incurred claims or two million dollars, whichever is greater. The commissioner may proceed against self-funded multiple employer welfare arrangements that fail to maintain the level of surplus required by this section in any manner that the commissioner is authorized to proceed against a health care service contractor that failed to maintain minimum net worth.