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):

(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
(2) asset risk;

(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.

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