Utah Admin. Code 590-273-6

Current through Bulletin 2024-19, October 1, 2024
Section R590-273-6 - Additional Reserve Fund
(1) A provider shall create an additional reserve fund if directed to do so by the commissioner.
(2) The additional reserve fund amount shall be determined by a qualified actuary.
(3) An independent actuarial review shall determine the adequacy of an additional reserve fund.
(4) A provider shall pay the reasonable costs of the actuarial review under Subsection 31A-44-603(4).

Utah Admin. Code R590-273-6

Adopted by Utah State Bulletin Number 2017-9, effective 4/7/2017
Adopted by Utah State Bulletin Number 2023-04, effective 2/8/2023
Amended by Utah State Bulletin Number 2024-18, effective 9/10/2024