§431:10A-306  Loss ratio standards. Medicare supplement policies shall return to policyholders benefits which arereasonable in relation to the premium charged.  The commissioner shall adoptreasonable rules to establish minimum standards for loss ratios of medicaresupplement policies on the basis of incurred claims experience or incurredhealth care expenses where coverage is provided by a health maintenanceorganization on a service rather than reimbursement basis, and earned premiumsin accordance with accepted actuarial principles and practices.  For thepurposes of rules adopted under this section, group medicare supplementpolicies and certificates issued as a result of solicitations of individualsthrough the mail or mass media advertising, including both print and broadcastadvertising, shall be regarded as group policies. [L 1987, c 347, pt of §2; amL 1989, c 195, §28; am L 1990, c 84, §5; am L 1992, c 195, §5; am L 1996, c 28,§4]