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New Jersey Statutes, Title: 17B, INSURANCE

    Chapter 27e: Purpose of act on long-term care insurance

      Section: 17B:27e-11: Insurer to file rates, rating schedule, supporting documentation

           11. An insurer providing long-term care insurance issued on an individual basis in this State shall file, for the commissioner's approval, its rates, rating schedule and supporting documentation demonstrating that it is in compliance with the applicable loss ratio standards of this State. All filings of rates and rating schedules shall demonstrate that the benefits are reasonable in relation to the premium charged and that the rates are not excessive, inadequate or unfairly discriminatory.

L.2003,c.207,s.11.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 17b:27e-11 (if available):



Court decisions that cite this statute: CLICK HERE.