North Dakota § 26.1-36.1-04 Medicare supplement policy loss ratio standards

North Dakota Statutes

§ 26.1-36.1-04 — Medicare supplement policy loss ratio standards

North Dakota § 26.1-36.1-04

Title 26.1Insurance

Ch. 26.1-36.1Medicare Supplement Policies

This text of North Dakota § 26.1-36.1-04 (Medicare supplement policy loss ratio standards) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 26.1-36.1-04 (2026).

Text

Medicare supplement policies must return benefits to individual policyholders in the
aggregate of not less than sixty-five percent of premium received. The commissioner shall adopt
rules to establish minimum standards for Medicare supplement policy loss ratios on the basis of
incurred claims experience and earned premiums for the entire period for which rates are
computed to provide coverage and in accordance with accepted actuarial principles and
practices.

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Medicare supplement policies must return benefits to individual policyholders in the
aggregate of not less than sixty-five percent of premium received. The commissioner shall adopt
rules to establish minimum standards for Medicare supplement policy loss ratios on the basis of
incurred claims experience and earned premiums for the entire period for which rates are
computed to provide coverage and in accordance with accepted actuarial principles and
practices.