[Code of Federal Regulations]

[Title 42, Volume 2]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 42CFR403.210]



[Page 38]

 

                         TITLE 42--PUBLIC HEALTH

 

                    CHAPTER IV--CENTERS FOR MEDICARE

                          & MEDICAID SERVICES,

                        DEPARTMENT OF HEALTH AND

                             HUMAN SERVICES

 

PART 403_SPECIAL PROGRAMS AND PROJECTS--Table of Contents

 

                Subpart B_Medicare Supplemental Policies

 

Sec. 403.210  NAIC model standards.



    (a) NAIC model standards means the National Association of Insurance 

Commissioners (NAIC) ``Model Regulation to Implement the Individual 

Accident and Insurance Minimum Standards Act'' (as amended and adopted 

by the NAIC on June 6, 1979, as it applies to Medicare supplemental 

policies). Copies of the NAIC model standards can be purchased from the 

National Association of Insurance Commissioners at 350 Bishops Way, 

Brookfield, Wisconsin 53004, and from the NIARS Corporation, 318 

Franklin Avenue, Minneapolis, Minnesota 55404.

    (b) The policy must comply with the provisions of the NAIC model 

standards, except as follows--

    (1) Policy, for purposes of this paragraph, means individual and 

group policy, as specified in Sec. 403.205. The NAIC model standards 

limit ``policy'' to individual policy.

    (2) The policy must meet the loss ratio standards specified in Sec. 

403.215.



[47 FR 32400, July 26, 1982; 49 FR 44472, Nov. 7, 1984]