02-031-940 Me. Code R. § 11

Current through 2024-52, December 25, 2024

Section 031-940-11 - Expenses and Investment Income

In addition to the requirements of Section 5 and, to the extent applicable, Sections 6, 7, 8, 9, 12, and 13, a rate filing or a group of related rate filings for individual or small group policies or contracts that are subject to prior approval, and that cover or are expected to cover more than 2,000 Maine residents, is subject to the following:

A. Expenses: Include a description of any expense assumptions used, including, for example, per policy and percentage of premium expense for acquisition, maintenance and commissions.

B. Investment income: Include an estimate of investment income attributable to the affected policies and how it is reflected in the rates.

For filings covering fewer than 2,000 Maine residents, this information must be provided if requested by the Superintendent.

02-031 C.M.R. ch. 940, § 11