§ 15-1307
51 words·~1 min read·
/md/insurance/15-1307A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§15–1307.
(a)The actuarial value of benefits provided under individual health insurance coverage shall be calculated based on a standardized population and a set of standardized utilization and cost factors.
(b)A carrier shall submit any information the Commissioner may require to support and justify the carrier’s calculations of actuarial values.