18 Del. Admin. Code § 1305-8.0

Current through Register Vol. 28, No. 5, November 1, 2024

Section 1305-8.0 - New Policy or Plan and Rate Revision Filings

8.1 With respect to new rate filings and rate revision filings, benefits shall be deemed reasonable in relation to premiums provided the anticipated loss ratio or the end of the third year is at least as great as shown in the following table:

Renewal Clause*
Type of Coverage	OR	CR	GR	NC
Medical Expense	65%	60%	60%	50%
Loss of Income and Other	60%	60%	55%	45%
For individual Medicare supplement policies, the anticipated lifetime loss ratio must equal at least 65%. For group Medicare supplement policies, the anticipated loss ratio must equal at least 75%.

18 Del. Admin. Code § 1305-8.0

13 DE Reg. 939 (01/01/10)