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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>83912</law_id><section_number>38.2-3603</section_number><catch_line>Same; minimum return for individual policies</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>38.2-4509</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="38.2">Insurance</unit><unit label="chapter" level="2" order_by="1" identifier="36">Medicare Supplement Policies</unit></structure><text>
						<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></text><history>1981, c. 575, &#xA7; 38.1-362.8:3; 1986, c. 562; 1991, c. 120.</history><metadata></metadata></law>
