D.C. Code § 31-3704: Loss ratio standards.
Where this section sits in the code
- Title 31. Insurance and Securities.
- Chapter 37. Medicare Supplement Insurance.
- Subchapter I. General.
Medicare supplement policies shall return to policyholders benefits which are reasonable in relation to the premium charged. The Mayor shall issue reasonable regulations to establish minimum standards for loss ratios of Medicare supplement policies on the basis of incurred claims experience, or incurred health care expenses where coverage is provided by a health maintenance organization on a service rather than reimbursement basis, and earned premiums in accordance with accepted actuarial principles and practices.
Collected 2026-08-29T05:44:07Z. Source file · JSON