Submitting Threshold

Problem

How is the submitting threshold determined for submitting entities? For example, some submitting entities will have NAIC Company Codes that do not meet the 2,000 covered lives threshold. 

Solution

Because both the submitting entity and the covered lives threshold is determined at the Group Code level, submission is determined by the total covered lives of all individual NAIC Company Codes that fall under the Group Code. Please refer to Arkansas Insurance Department Rule 100.

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