Section 15-109 - Minimum loss ratio for specified disease policies(a)(1) In this section the following words have the meanings indicated.(2) "Loss ratio" means the ratio of losses incurred to premiums earned on policies that are issued, delivered, or renewed in the State.(3) "Specified disease policy" means a health insurance policy that provides: (i) benefits only for a disease or diseases specified in the policy or for a treatment unique to a specified disease or diseases; or(ii) additional benefits for a disease or diseases specified in the policy or for treatment unique to a specified disease or diseases.(b) This section applies to each individual, group, or blanket health insurance policy or nonprofit health service plan that is issued or delivered in the State.(c) To administer §§ 12-203, 12-204, and 12-205 of this article, the Commissioner shall establish a minimum loss ratio in accordance with generally accepted actuarial principles with respect to specified disease policies.