Medicare supplement policies sold on an individual basis shall be expected to return to policyowners in the form of aggregate benefits at least sixty-five percent of the aggregate amount of premiums collected.
Va. Code Ann. § 38.2-3603
Same; minimum return for individual policies
1981, c. 575, § 38.1-362.8:3; 1986, c. 562; 1991, c. 120.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.