- (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.
Added by Acts 1997, c. 294, § 3, eff. Oct. 1, 1997.
Formerly Art. 48A, § 758.