Contract reserves

Contract reserves means reserves that are established by an issuer which, due to the gross premium pricing structure at issue, account for the value of the future benefits that at any time exceeds the value of any appropriate future valuation of net premiums at that time. Contract reserves must not include premium deficiency reserves. Contract reserves must not include reserves for expected MLR rebates.

Source

45 CFR § 158.103

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Scoping language

For the purposes of this part, the following definitions apply unless specified otherwise.

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