2013 Idaho Statutes
Title 41 - INSURANCE
Chapter 44 - MEDICARE SUPPLEMENT INSURANCE MINIMUM STANDARDS
Section 41-4405 - LOSS RATIO 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.