Any contract of group health insurance may provide for the readjustment of the rate of premium based upon the experience thereunder. If a policy dividend is hereafter declared or a reduction in rate is hereafter made or continued for the first or any subsequent year of insurance under any policy of group health insurance heretofore or hereafter issued to any policyholder, the excess, if any, of the aggregate dividends or rate reductions under such policy and all other group insurance policies of the policyholder over the aggregate expenditure for insurance under such policies made from funds contributed by the policyholder, or by an employer of insured persons, or by a union or associations which the insured persons belong, including expenditures made in connection with administration of such policies, shall be applied by the policyholder for the sole benefit of insured employees or members.
Structure Delaware Code
Chapter 35. GROUP AND BLANKET HEALTH INSURANCE
Subchapter I. Group Health Insurance
§ 3501. Group policies must meet group requirements.
§ 3504. Labor union or employee organization groups.
§ 3509. Requirements for other groups; out-of-state groups.
§ 3510. Disclosure requirements for other groups.
§ 3512. Group health insurance standard provisions generally.
§ 3515. Application; statements deemed representations.
§ 3522. Proofs of loss; disability.
§ 3523. Time for payment of benefits.
§ 3525. Physical examinations.
§ 3527. Information to debtors.