HRS §431:10H-225
Rules for setting aside funds for long-term care insurance
This section says that when long-term care benefits come from insurance that is not life insurance, the company must set aside reserves using a table that an actuary has certified as proper and that has been filed with the insurance commissioner.
The statute, as written — Reserve standards; insurance other than life
When long-term care benefits are provided through insurance other than as in section 431:10H-224, reserves shall be determined by a table certified as appropriate as a statutory valuation table by a member of the American Academy of Actuaries and filed with the commissioner.
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