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.
(Oct. 1, 1992, D.C. Law 9-170, § 5, 39 DCR 5825.)
1981 Ed., § 35-2614.
See Historical and Statutory Notes following § 31-3701.
Structure District of Columbia Code
Title 31 - Insurance and Securities
Chapter 37 - Medicare Supplement Insurance
§ 31–3702. Applicability and scope
§ 31–3703. Standards for policy provisions and authority to promulgate regulations
§ 31–3704. Loss ratio standards
§ 31–3705. Disclosure standards
§ 31–3706. Filing requirements; master policy and certificate
§ 31–3707. Notice of free examination