Wyoming § 26-38-204 Regulations

Wyoming Statutes

§ 26-38-204 — Regulations

Wyoming § 26-38-204

Title 26Insurance Code

Ch. 38LONG-TERM CARE INSURANCE

This text of Wyoming § 26-38-204 (Regulations) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 26-38-204 (2026).

Text

(a)The commissioner shall adopt reasonable regulations to establish minimum standards for benefits, claims payment, marketing practices, compensation arrangements and reporting practices for Medicare supplement policies and certificates.

(b)The commissioner may adopt reasonable regulations necessary to conform Medicare supplement policies and certificates to the requirements of federal law and regulations, including but not limited to:

(i)Requiring refunds or credits if the policies or certificates do not meet loss ratio requirements;

(ii)Establishing a uniform methodology for calculating and reporting loss ratios;

(iii)Assuring public access to policies, premiums and loss ratio information of issuers of Medicare supplement insurance;

(iv)Establishing a process for approving or disap

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(a) The commissioner shall adopt reasonable regulations to
establish minimum standards for benefits, claims payment,
marketing practices, compensation arrangements and reporting
practices for Medicare supplement policies and certificates.
(b) The commissioner may adopt reasonable regulations
necessary to conform Medicare supplement policies and
certificates to the requirements of federal law and regulations,
including but not limited to:
(i) Requiring refunds or credits if the policies or
certificates do not meet loss ratio requirements;
(ii) Establishing a uniform methodology for
calculating and reporting loss ratios;
(iii) Assuring public access to policies, premiums
and loss ratio information of issuers of Medicare supplement
insurance;
(iv) Establishing a process for approving or
disapproving policy forms and certificate forms and restricting
premium increases if loss ratio requirements are not met;
(v) Establishing a policy for holding public hearings
prior to approval of premium increases; and
(vi) Establishing standards for Medicare select
policies and certificates.