Mich. Comp. Laws § 500.3851. Aggregate benefits; rates, rating schedules, and rate revisions: Medicare Supplement Policies And Certificates – Michigan

Year Enacted: 1992
File: Download

All filings of rates and rating schedules shall demonstrate that expected claims in relation to premiums comply with the requirements of this section when combined with actual experience to date. Filings of rate revisions shall also demonstrate that the anticipated loss ratio over the entire future period for which the revised rates are computed to provide coverage can be expected to meet the appropriate loss ratio standards.

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