{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/38.2-3603.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/38.2-3603.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/38.2-3603.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/38.2-3603.html"}],"law_id":83912,"edition_id":1,"section_id":83912,"structure_id":16185,"section_number":"38.2-3603","catch_line":"Same; minimum return for individual policies","history":"1981, c. 575, \u00a7 38.1-362.8:3; 1986, c. 562; 1991, c. 120.","full_text":"Medicare supplement policies sold on an individual basis shall be expected to return to policyowners in the form of aggregate benefits at least sixty-five percent of the aggregate amount of premiums collected.","order_by":null,"text":{"0":{"id":300718,"text":"Medicare supplement policies sold on an individual basis shall be expected to return to policyowners in the form of aggregate benefits at least sixty-five percent of the aggregate amount of premiums collected.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":16185,"edition_id":1,"name":"Medicare Supplement Policies","identifier":"36","label":"chapter","depth":2,"order_by":1,"parent_id":12698,"metadata":{},"date_created":"2026-06-26 04:08:31","date_modified":"2026-06-26 04:08:31","permalink":{"id":216003,"object_type":"structure","relational_id":16185,"identifier":"36","token":"38.2\/36","url":"\/38.2\/36\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12698,"edition_id":1,"name":"Insurance","identifier":"38.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":210661,"object_type":"structure","relational_id":12698,"identifier":"38.2","token":"38.2","url":"\/38.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":84516,"structure_id":16185,"section_number":"38.2-3600","catch_line":"Medicare supplement policy; definition","url":"\/38.2-3600\/","token":"38.2\/36\/38.2-3600","metadata":false},{"id":87447,"structure_id":16185,"section_number":"38.2-3601","catch_line":"Medicare supplement policies; minimum return for group policies generally","url":"\/38.2-3601\/","token":"38.2\/36\/38.2-3601","metadata":false},{"id":78844,"structure_id":16185,"section_number":"38.2-3602","catch_line":"Repealed","url":"\/38.2-3602\/","token":"38.2\/36\/38.2-3602","metadata":false},{"id":83912,"structure_id":16185,"section_number":"38.2-3603","catch_line":"Same; minimum return for individual policies","url":"\/38.2-3603\/","token":"38.2\/36\/38.2-3603","metadata":false},{"id":72778,"structure_id":16185,"section_number":"38.2-3604","catch_line":"Free look notice required","url":"\/38.2-3604\/","token":"38.2\/36\/38.2-3604","metadata":false},{"id":64580,"structure_id":16185,"section_number":"38.2-3605","catch_line":"Coverage of preexisting conditions; Medicare supplement policies","url":"\/38.2-3605\/","token":"38.2\/36\/38.2-3605","metadata":false},{"id":84017,"structure_id":16185,"section_number":"38.2-3606","catch_line":"Outline of coverage","url":"\/38.2-3606\/","token":"38.2\/36\/38.2-3606","metadata":false},{"id":72816,"structure_id":16185,"section_number":"38.2-3607","catch_line":"Group or individual Medicare supplement policies; minimum standards","url":"\/38.2-3607\/","token":"38.2\/36\/38.2-3607","metadata":false},{"id":76715,"structure_id":16185,"section_number":"38.2-3608","catch_line":"Regulations establishing minimum standards","url":"\/38.2-3608\/","token":"38.2\/36\/38.2-3608","metadata":false},{"id":79289,"structure_id":16185,"section_number":"38.2-3609","catch_line":"Insurer to file copy of advertisement with Commission","url":"\/38.2-3609\/","token":"38.2\/36\/38.2-3609","metadata":false},{"id":80992,"structure_id":16185,"section_number":"38.2-3610","catch_line":"Medicare supplement policies for persons eligible by reason of disability","url":"\/38.2-3610\/","token":"38.2\/36\/38.2-3610","metadata":false},{"id":70309,"structure_id":16185,"section_number":"38.2-3611","catch_line":"Annual open enrollment period","url":"\/38.2-3611\/","token":"38.2\/36\/38.2-3611","metadata":false}],"previous_section":{"id":78844,"structure_id":16185,"section_number":"38.2-3602","catch_line":"Repealed","url":"\/38.2-3602\/","token":"38.2\/36\/38.2-3602","metadata":false},"next_section":{"id":72778,"structure_id":16185,"section_number":"38.2-3604","catch_line":"Free look notice required","url":"\/38.2-3604\/","token":"38.2\/36\/38.2-3604","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-3603\/","history_text":"<p>This law was first created in 1981. The record of its establishment is cataloged in chapter 575 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1981 \u201cActs\u201d aren\u2019t available online. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1986, chapter 562; in 1991, chapter 120.<\/p>","references":[{"id":62548,"section_number":"38.2-4509","catch_line":"Application of certain laws","order_by":null,"url":"\/38.2-4509\/"}],"refers_to":false,"permalink":{"id":216017,"object_type":"law","relational_id":83912,"identifier":"38.2-3603","token":"38.2\/36\/38.2-3603","url":"\/38.2-3603\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/38.2-3603\/","token":"38.2\/36\/38.2-3603","dublin_core":{"Title":"Same; minimum return for individual policies","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-3603","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p><span class=\"dictionary\">Medicare<\/span> supplement policies sold on an individual basis shall be expected to return to policyowners in the form of aggregate benefits at least sixty-five percent of the aggregate amount of premiums collected.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nSAME; MINIMUM RETURN FOR INDIVIDUAL POLICIES (\u00a7 38.2-3603)\n\nMedicare supplement policies sold on an individual basis shall be expected to\nreturn to policyowners in the form of aggregate benefits at least sixty-five\npercent of the aggregate amount of premiums collected.\n\nHISTORY: 1981, c. 575, \u00a7 38.1-362.8:3; 1986, c. 562; 1991, c. 120.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}