™Your Policy Risk Impact Agent
118 chapters · 1,589 sections in this title.
N.D.C.C. § 26.1-36.1-01 Medicare supplement policies - Definitions
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For purposes of this chapter: 1. "Applicant" means: a. In the case of an individual Medicare supplement policy or subscriber contract, the person who seeks to contract for insurance benefits. b. In the case of a group Medicare supplement policy or subscriber contract, the propose…
N.D.C.C. § 26.1-36.1-02 Standards for Medicare supplement policies
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1. The commissioner shall adopt reasonable rules to establish specific standards for provisions of Medicare supplement policies. The standards are in addition to and in accordance with applicable laws of this state, and may include coverage of: a. Terms of renewability. b. Initia…
N.D.C.C. § 26.1-36.1-03 Rulemaking authority
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The commissioner may adopt rules to establish standards for benefits, standard policies and optional benefit riders, claims payments, abusive marketing practices and compensation arrangements, and reporting practices for Medicare supplement policies.
N.D.C.C. § 26.1-36.1-04 Medicare supplement policy loss ratio standards
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Medicare supplement policies must return benefits to individual policyholders in the aggregate of not less than sixty-five percent of premium received. The commissioner shall adopt rules to establish minimum standards for Medicare supplement policy loss ratios on the basis of inc…
