Wyoming § 26-38-205 Loss ratio standards

Wyoming Statutes

§ 26-38-205 — Loss ratio standards

Wyoming § 26-38-205

Title 26Insurance Code

Ch. 38LONG-TERM CARE INSURANCE

This text of Wyoming § 26-38-205 (Loss ratio standards) 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. § 26-38-205 (2026).

Text

(a)Repealed by Laws 1992, ch. 57, § 2.

(b)Medicare supplement policies shall return to policyholders benefits which are reasonable in relation to the premium charged. The commissioner 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.

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(a) Repealed by Laws 1992, ch. 57, § 2.
(b) Medicare supplement policies shall return to
policyholders benefits which are reasonable in relation to the
premium charged. The commissioner 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.