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Statutory capital is best understood as: a. the amount of money a health insurer or HMO...

Statutory capital is best understood as: a. the amount of money a health insurer or HMO must pay to the government b. A balance sheet entry under GAAP c. funding that payers use to subsidize local sculptors d. cash, short term assets, and other funds that can be quickly liquidated e. b and d

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Answer #1

Option E is correct

Because the Statutory capital can be described by the balance sheet entry under GAAP, which is used to evaluate the overall assets of a firm  including the value of the unrealized capital gain in it. Further it can include the evaluation of the cash, short term assets, and other funds that can be quickly liquidated.

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