§33-15-1a. Premium rate increase requests; loss ratio requirement.
To be eligible to make a premium rate increase request after
the first day of July, one thousand nine hundred ninety-five, any
insurer offering or which has in force accident and sickness
insurance policies which are subject to the provisions of this
article shall have a minimum anticipated loss ratio of sixty-five
percent as to such policy form. In calculating its minimum
anticipated loss ratio, an insurer shall include in its actual
incurred claims the amount of premium taxes for the same experience
period which are attributable to the policy forms affected by this
section and which were paid to the state of West Virginia pursuant
to the provisions of article three of this chapter.