Virginia Code 38.2-3601: Medicare supplement policies; minimum return for group policies generally
Current as of: 2023 | Check for updates
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Group Medicare supplement policies shall be expected to return to policyholders in the form of aggregate benefits at least seventy-five percent of the aggregate amount of premiums collected.
Terms Used In Virginia Code 38.2-3601
- Medicare: means the "Health Insurance for the Aged Act" Title XVIII of the Social Security Amendment of 1965, as amended. See Virginia Code 38.2-100
1981, c. 575, § 38.1-362.8:1; 1986, c. 562.