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MICHIGAN STATUTES AND CODES
218-1956-7 - CHAPTER 7 RESERVE STANDARDS FOR DISABILITY INSURANCE (500.701...500.737)
- Section 500.701 - Definitions.
- Section 500.702 - Health insurance reserves; determination of adequacy; basis.
- Section 500.703 - Claim reserves and claim expense reserves required; conditions; testing for adequacy and reasonableness.
- Section 500.705 - Disability income claim reserves; maximum interest rate; morbidity standards specified in rules; exception; group disability income claim reserves; duration from date of disablement
- Section 500.707 - Health insurance benefits other than disability income; claim reserves maximum interest rate; basis of claim reserve.
- Section 500.709 - Estimation of claim liabilities; methods.
- Section 500.711 - Unearned premium reserves; treatment of premiums due and unpaid; discount of certain gross premiums paid in advance.
- Section 500.713 - Minimum unearned premium reserve; basis; sum of unearned premium and contract reserves; limitation.
- Section 500.715 - Premium reserves; computation.
- Section 500.717 - Contract reserves; required for certain policies and certificates; exception; addition to claim and premium reserves; methods and procedures; date of incurral defined.
- Section 500.719 - Morbidity standards; rules; structure of valuation net premiums; valuation of health insurance policies and certificates for which tabular morbidity standards not specified; maximum
- Section 500.721 - Application of alternative method or basis to contract reserve; assumptions; methods to determine sound value of liabilities.
- Section 500.723 - Tabular reserves; annual review; increments; restriction of future gross premiums; establishment of contract reserves for insufficiency in aggregate.
- Section 500.725 - Reinsurance; determination of increases to, or credit against, reserves.
- Section 500.729 - Individual insurance policies; minimum morbidity standards for disability income benefits; basis of contract reserve standards for certain hospital, surgical, and maternity benefits;
- Section 500.731 - Disability benefits for group health insurance certificates; minimum morbidity standards.
- Section 500.733 - Maximum interest rates.
- Section 500.735 - Mortality basis; use of other mortality tables; request for approval.
- Section 500.737 - Rules.
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