West Virginia Code of State Rules
Agency 114 - Insurance Commission
Title 114 - LEGISLATIVE RULE INSURANCE COMMISSIONER
Series 114-26 - Accident And Sickness Rate Filing
Section 114-26-2 - Definitions

Universal Citation: 114 WV Code of State Rules 114-26-2

Current through Register Vol. XLI, No. 38, September 20, 2024

2.1. A policy or policy form includes the contract effecting insurance, or the certificate thereof, and includes any riders, endorsements or amendments attached to the base contract.

2.2. An experience rated group, for purposes of this rule means a group eligible for group accident and sickness insurance pursuant to W. Va. Code § 33-16-2 and whose premium rates are based on the historic and/or projected loss experience of the individual group standing alone.

2.3. A community rated group is a group eligible for group accident and sickness insurance pursuant to W. Va. Code § 33-16-2 and whose premium rates are based on the historic and/or projected loss experience of a pool of group policies.

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