58-17A-10 Filing requirements--Master policy--Rates, rating schedules, and supporting documentation-...
Filing requirements--Master policy--Rates, rating schedules, and supporting
documentation--Riders or amendments to delete outpatient prescription drug benefits.
providing group medicare supplement insurance benefits to a resident of this state shall file a copy
of the master policy and any certificate used in this state in accordance with the filing requirements
and procedures applicable to group medicare supplement policies issued in this state.
Every issuer providing medicare supplement policies or certificates in this state shall annually
file its rates, rating schedule, and supporting documentation demonstrating that it is in compliance
with the applicable loss ratio standards of this state. All filings of rates and rating schedules shall
demonstrate that the actual and expected losses in relation to premiums comply with the
requirements of this chapter.
An issuer shall file any riders or amendments to policy or certificate forms to delete outpatient
prescription drug benefits as required by the Medicare Prescription Drug, Improvement, and
Modernization Act of 2003 for any policy or certificate issued in this state.
Source: SL 1989, ch 431, § 4; SL 1992, ch 347, § 11; SL 2005, ch 267, § 2.