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Maine · Through October 1, 2025

24 M.R.S. §2321-A: Standards for when filings are inadequate

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Where this section sits in the code
  1. TITLE 24: INSURANCE
  2. CHAPTER 19: NONPROFIT HOSPITAL OR MEDICAL SERVICE ORGANIZATIONS
  3. SUBCHAPTER 1: GENERAL PROVISIONS

In reviewing rates and rate modifications filed by a nonprofit hospital and medical service organization in accordance with this Title, the superintendent may not require the organization to charge rates that, taking into account investment income and the appropriate level of subscriber reserves, are inadequate to enable it to recover reasonably anticipated claims and administrative expenses and make reasonable contributions to subscriber reserves.

Collected 2026-09-04T15:12:33Z. Source file · JSON

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