2005 Idaho Code - 41-4405 — LOSS RATIO STANDARDS

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 44
               MEDICARE SUPPLEMENT INSURANCE MINIMUM STANDARDS
    41-4405.  LOSS RATIO STANDARDS. Medicare supplement policies shall return
to policyholders benefits which are reasonable in relation to the premium
charged. The director may issue reasonable rules 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 managed care organization on a service rather than reimbursement
basis, and earned premiums in accordance with accepted actuarial principles
and practices.