Title 33, Chapter 18, Section 24
( 33-18-24)
All acquisition and administrative expenses incurred in connection
with medical service corporations shall at all times be subject to
the approval of the Commissioner. As used in this Code section, the
term "administrative expenses" means all expenditures except payment
for subscribers' claims. Claim service expenses shall be separately
classified and included in administrative expense, unless otherwise
ordered by the Commissioner. |