A self-funded multiple employer welfare arrangement shall establish and maintain reserves equal to the greater of
(1) 30 percent of the unpaid claim liability of the arrangement; or
(2) the amount recommended and certified by a qualified actuary.
Structure Alaska Statutes
Chapter 85. Regulation of Multiple Employer Welfare Arrangements
Sec. 21.85.010. Certificate of authority required.
Sec. 21.85.030. Qualifications for a certificate of authority.
Sec. 21.85.040. Application for a certificate of authority.
Sec. 21.85.050. Minimum reserves.
Sec. 21.85.070. Contribution rates.
Sec. 21.85.080. Reporting requirements.
Sec. 21.85.090. Consumer information notice.