Code of Virginia (Last Updated:July 28, 2020) |
TITLE 38.2. Insurance |
CHAPTER 36. Medicare Supplement Policies |
SECTION 38.2-3603. Same; minimum return for individual policies |
Medicare supplement policies sold on an individual basis shall be expected to return to policyowners in the form of aggregate benefits at least sixty-five percent of the aggregate amount of premiums collected. 1981, c. 575, § 38.1-362.8:3; 1986, c. 562; 1991, c. 120. |