Comprehensive Annual Financial Report for the Fiscal Year Ended 1990 Jun 30

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1989...
1990...
336.8% 229.6% 394.4% 222.3% 387.1% 231.8% 84.9% 97.8% 92.3% 60.1% 63.7% 53.1% 114.2% 133.2% 130.6% 361.4% 345.5% 345.1% 25 .2% 29.6% 16.9% 6.443% 7.428% 13 .02% 26 .0% 30.8% 20.0% 6.441% 7.973% 14 .05% 32 .9% 30.8% 20.7% 6.417% 7.802% 13 .02% 587.2% 591.5% 573.1% N/A N/A N/A 13.02% 7.67% 13.05% 7.84% 13.05% 8.10% 13. SELF- INSURANCE FUNDS The State of Montana maintains several self- insurance plans, of recording transactions are discussed below: A brief description of each plan
...and the method Group Employee Comprehensive Medical and Dental Plan - This plan is fully self-insured, with the State assuming all the risk for claims incurred by employees of the State, elected officials, retirees and their dependents.
There is no third party coverage. Premiums are collected through payroll deductions, deductions through the Public Employees' Retirement System and self-payment and are recorded as revenue in the Employees' Group Benefits Enterprise Fund.
In July 1990, incurred but not reported claims were estimated to be $4,979,103 based on a formula provided by Martin E.


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