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§ 221.4-B. Calculation of RBC

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 40 P.S. InsuranceEffective: June 22, 2000

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 40 P.S. Insurance (Refs & Annos)
Chapter 1. Insurance Department (Refs & Annos)
Article V-B. Risk-Based Capital Requirements-Health Organizations (Refs & Annos)
Effective: June 22, 2000
40 P.S. § 221.4-B
§ 221.4-B. Calculation of RBC
Currentness
(a) A health organization's RBC shall be determined in accordance with the formula set forth in the RBC instructions.
(b) The formula shall use and may adjust for the covariance between the following risks determined in each case by applying the factors in the RBC instructions:
(1) Asset risk.
(2) Credit risk.
(3) Underwriting risk.
(4) All business and other risks set forth in the RBC instructions.

Credits

1921, May 17, P.L. 789, No. 285, § 504-B, added 2000, June 22, P.L. 457, No. 62, § 1, imd. effective.
40 P.S. § 221.4-B, PA ST 40 P.S. § 221.4-B
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
End of Document