Maine § 24 §2321-A Standards for when filings are inadequate

Maine Statutes

§ 24 §2321-A — Standards for when filings are inadequate

Maine § 24 §2321-A

Title 24INSURANCE

Ch. 19NONPROFIT HOSPITAL OR MEDICAL SERVICE ORGANIZATIONS

This text of Maine § 24 §2321-A (Standards for when filings are inadequate) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 24, § 24 §2321-A (2026).

Text

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.

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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.

Legislative History

PL 1997, c. 344, §7 (NEW).

Nearby Sections

3

§ 24 §2321

Rate filings on individual subscriber and membership contracts

§ 24 §2321-A

Standards for when filings are inadequate

§ 24 §2321-B

Appropriate level of subscriber reserves

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Bluebook (online)

Maine § 24 §2321-A, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/24%20%C2%A72321-A.