Utah Admin. Code 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).

Notes

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

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