Alabama § 27-19-51 Purpose of Article

Alabama Statutes

§ 27-19-51 — Purpose of Article

Alabama § 27-19-51

Title 27Insurance

Ch. 19Disability Insurance Policies

Art. 2Medicare Supplement Policy Minimum Standards

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Bluebook

Ala. Code § 27-19-51 (2026).

Text

The purpose of this article is to establish certain definitions, policy provisions, anticipated loss ratio standards, and disclosure requirements applicable to group and individual Medicare supplement disability policies and to authorize the implementation of these requirements through regulations promulgated by the Commissioner of Insurance consistent with the uniform standards developed by the National Association of Insurance Commissioners to meet the standards enacted in Public Law 96-265 (Laws 1980).

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The purpose of this article is to establish certain definitions, policy provisions, anticipated loss ratio standards, and disclosure requirements applicable to group and individual Medicare supplement disability policies and to authorize the implementation of these requirements through regulations promulgated by the Commissioner of Insurance consistent with the uniform standards developed by the National Association of Insurance Commissioners to meet the standards enacted in Public Law 96-265 (Laws 1980).