Michigan Laws 500.3852 – Benchmark ratio
Current as of: 2024 | Check for updates
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Terms Used In Michigan Laws 500.3852
- Commissioner: means the director. See Michigan Laws 500.102
- Insurer: includes any person that delivers or issues for delivery in this state Medicare supplement policies. See Michigan Laws 500.3801
- Medicare: means subchapter XVIII of the social security act, 42 USC 1395 to 1395lll. See Michigan Laws 500.3801
An insurer shall file by May 31 of each year a reporting form for the calculation of benchmark ratio since inception in a format prescribed by the commissioner for each type in a standard medicare supplement benefit plan.