Medicare supplement policies sold on an individual basis shall be expected to return to policyowners in the form of aggregate benefits at least sixty-five percent of the aggregate amount of premiums collected.
1981, c. 575, § 38.1-362.8:3; 1986, c. 562; 1991, c. 120.
Structure Code of Virginia
Chapter 36 - Medicare Supplement Policies
§ 38.2-3600. Medicare supplement policy; definition
§ 38.2-3601. Medicare supplement policies; minimum return for group policies generally
§ 38.2-3603. Same; minimum return for individual policies
§ 38.2-3604. Free look notice required
§ 38.2-3605. Coverage of preexisting conditions; Medicare supplement policies
§ 38.2-3606. Outline of coverage
§ 38.2-3607. Group or individual Medicare supplement policies; minimum standards
§ 38.2-3608. Regulations establishing minimum standards
§ 38.2-3609. Insurer to file copy of advertisement with Commission
§ 38.2-3610. Medicare supplement policies for persons eligible by reason of disability