There is a newer version of the Code of Alabama
2015 Code of Alabama
Title 27 - INSURANCE.
Chapter 21 - ALABAMA HEALTH CARE PLAN.
Section 27-21-3 - Premium rates and administration expenses.
AL Code § 27-21-3 (2015) What's This?
Section 27-21-3Premium rates and administration expenses. Each insurer or association electing to come under the provisions of this chapter shall charge the same premium for the same insurance coverage and be allowed the same percentage for expense of administration. Such premium rate and percentage for administration expense shall be determined and approved by the commissioner so as to maintain the nonprofit basis of the plan.
(Acts 1971, No. 501, p. 1218.)Disclaimer: These codes may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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