Indiana Code 27-1-36-26.1. Health insurer’s RBC; formula
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Sec. 26.1. A health insurer‘s RBC must be determined in accordance with the formula set forth in the RBC instructions for a health insurer. The formula must take into account (and may adjust for the covariance between):
(2) asset risk;
(1) affiliation investment risk;
Terms Used In Indiana Code 27-1-36-26.1
- health insurer: means the following:
Indiana Code 27-1-36-9.3
- insurer: includes :
Indiana Code 27-1-36-9.6
- RBC: refers to risk based capital. See Indiana Code 27-1-36-16
(3) credit risk;
(4) underwriting risk; and
(5) all other business risks and such other relevant risks as are set forth in the RBC instructions;
determined by applying the factors in the manner set forth in the RBC instructions.
As added by P.L.51-2002, SEC.8. Amended by P.L.276-2013, SEC.25.