Texas Insurance Code - Section 1652.102. Filing Requirements
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Texas Laws > Insurance Code > Texas Insurance Code - Section 1652.102. Filing Requirements
§ 1652.102. FILING REQUIREMENTS. (a) Annually, each
entity providing Medicare supplement benefit plans in this state
shall file with the department the entity's rates, rating schedule,
and supporting documentation demonstrating that:
(1) the entity is complying with the applicable loss
ratio standards of this state; and
(2) the actual and expected losses in relation to
premiums comply with the requirements of this subchapter and the
rules adopted by the commissioner.
(b) The documentation required by Subsection (a) must
include a report of the ratio of incurred losses to covered premiums
for the preceding calendar year, illustrated by calendar year of
issue.
(c) The commissioner may adopt rules relating to filing
requirements for rates, rating schedules, and loss ratios.
Added by Acts 2003, 78th Leg., ch. 1274, § 4, eff. April 1, 2005.
Section: 1652.053 1652.054 1652.055 1652.056 1652.057 1652.058 1652.101 1652.102 1652.103 1652.104 1652.105 1652.151 1652.152 1652.153 1652.154
Last modified: August 11, 2007
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