§ 15-1307. Actuarial value of benefits

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(a) Calculation generally. -- 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) Information required. -- A carrier shall submit any information the Commissioner may require to support and justify the carrier's calculations of actuarial values.

HISTORY: An. Code 1957, art. 48A, § 758; 1997, ch. 294, § 3.

                    
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