Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 31. Maryland Insurance Administration |
Subtitle 10. HEALTH INSURANCE—GENERAL |
Chapter 31.10.14. Minimum Loss Ratio with Respect to Specified Disease Policies |
Sec. 31.10.14.01. Purpose
Latest version.
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The purpose of this chapter is to establish minimum loss ratios with respect to specified disease policies in order to assure that the benefits provided in those policies are reasonable in relation to the premium charged and may be approved under the requirements of Insurance Article,
12-203-----12-205, and 15-109, Annotated Code of Maryland.