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California Code, Health and Safety Code - HSC § 1358.146

Current as of January 01, 2025 | Updated by Findlaw Staff

The following format shall be used for reporting loss ratio experience:

MEDICARE SUPPLEMENT

HEALTH CARE SERVICE PLAN

CONTRACT EXPERIENCE EXHIBIT

For the year ended December 31, 20__.

For the State of California.

Of the ____ health care service plan.

Address (City, State, and Zip Code) ____

Person Completing this Exhibit ____

To be filed by June 30th following the filing under Section 1358.14 of the Health and Safety Code.

Costs for Health Care Services

Classification

Prepaid or
Periodic
Charges
Earned

Amount

Percentage
of Prepaid
or Periodic
Charges Earned

Experience on

Individual Plan

Contracts

1.

Contracts issued

through 20___

Reporting State ________________________________________________________________________________

Nationwide _____________________________________________________________________________________

2.

Contracts issued

after 20___

Reporting State ________________________________________________________________________________

Nationwide _____________________________________________________________________________________

Experience on Group

Plan Contracts

1.

Contracts Issued

through 20___

Reporting State ________________________________________________________________________________

Nationwide _____________________________________________________________________________________

2.

Contracts Issued

after 20___

Reporting State ________________________________________________________________________________

Nationwide _____________________________________________________________________________________

The undersigned officer hereby certifies that the company named above has complied with the requirements contained in the federal Omnibus Budget Reconciliation Act of 1987, Section 4081.

Signature ______________________________________________________________________________________

Title and name (please type) ___________________________________________________________________
INSTRUCTIONS FOR COMPLETING MEDICARE SUPPLEMENT HEALTH CARE SERVICE PLAN CONTRACT EXPERIENCE EXHIBIT

1. Experience on plan contracts issued more than three years prior to the reporting year should be shown separately as indicated on the form. For example, for the reporting year ended 12/31/88 (filed on June 30, 1989), experience on plan contracts issued in 1985 and prior should be shown separately from that of plan contracts issued in 1986 and later. For group coverage, the year of issue should be based on when the contract was issued if available; otherwise use the master plan contract year of issue.

2. Allocation of reserves on a state-by-state basis should be on sound actuarial principles and be consistent from year to year.

3. Membership or plan contract fees, if any, constitute, and should be included with, prepaid or periodic charges earned. Earned prepaid or periodic charges may be shown on an annual basis net of loadings for nonannual modes.

4. Mass marketing group coverage subject to individual loss ratio standards should be included with individual plan contracts.

5. Any dividends paid to subscribers should be included with costs for health care.

6. Neither costs for health care services nor earned prepaid or periodic charges should be adjusted for changes in plan contract (additional) reserves.

DEFINITIONS

For purposes of this form:

1. “Costs for health care services” means payment for health care services plus the increase in claim reserves. Claim reserves include only those unpaid liabilities for claims that have already been incurred. Costs for health care services in this exhibit do not include plan contract additional reserves.

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Cite this article: FindLaw.com - California Code, Health and Safety Code - HSC § 1358.146 - last updated January 01, 2025 | https://codes.findlaw.com/ca/health-and-safety-code/hsc-sect-1358-146/

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