Medicare supplement policies shall return to policy holders benefits which are reasonable in relation to the premium charged. The commissioner shall issue reasonable regulations to establish minimum standards for loss ratios of Medicare supplement policies on the basis of incurred claims experience, or incurred health care expenses where coverage is provided by a health maintenance organization on a service rather than reimbursement basis, and earned premiums in accordance with accepted actuarial principles and practices.

COL9222017
22 Guam Code Ann. BUSINESS REGULATIONS
CH. 29 MEDICAL CARE INSURANCE

SOURCE: GC § 43903; added by P.L. 21-123:1 (July 20, 1992).