Department of Insurance, Securities and Banking

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ACE American Insurance Company

Wednesday, May 28, 2014

The purpose of this memorandum is to meet the rate filing requirements for the District of Columbia. ACE American Insurance Company is filing the rating methodology for a group supplemental medical expense policy. This filing is not intended for any other purpose. 
This policy provides reimbursement for out-of-pocket expenses incurred but not paid by the {Insured/Covered Person}’s underlying Major Medical Plan on account of deductibles, co-pays or co-insurance amounts and other gaps in coverage. Benefits are limited to the difference between the amount paid by the {Insured/Covered Person}’s Major Medical Plan and the actual Covered Expenses incurred.

Status: Pending State Action
Percent Change: n/a