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2005 LAWS OF MARYLAND
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Ch. 282
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subtitle the amount, in excess of premiums collected, that is necessary to operate and
administer the Program for the following quarter.
(2) The amount deposited shall be determined by the Board based on
enrollment, expenditures, and revenue for the previous year.
(3) The amount required by the Board under paragraph (2) of this
subsection may not exceed the value of the Program Administrator's annual premium
tax exemption under § 6-101(b) of this article for the previous calendar year THE
AMOUNTS SPECIFIED IN § 14-106(E) OF THIS TITLE.
(4) Beginning July 1 of each year and quarterly thereafter, the Board
shall reimburse the Administrator THE BOARD SHALL PROVIDE FUNDS TO THE
ADMINISTRATOR, IN ACCORDANCE WITH THE TERMS OF THE CONTRACT WITH THE
ADMINISTRATOR, for [prescription drug claims] THE COST OF THE STATE SUBSIDY
and administrative expenses incurred on behalf of the Program.
[(5) Any rebates or other discounts obtained by the Program
Administrator as a result of prescription drug purchases on behalf of Program
enrollees from a pharmaceutical benefit manager or pharmaceutical manufacturer
shall inure to the benefit of the Program and be deposited to the Fund.]
14-514.
(a) On or before June 30 of each year, the Board shall submit a report to the
Governor and, in accordance with § 2-1246 of the State Government Article, to the
General Assembly that includes a summary of Program activities for the year and any
recommendations for consideration by the General Assembly.
(b) The Board shall adopt regulations to carry out Part II of this subtitle.
14-515.
(a) For the purpose of maximizing participation in the Program, the Board
may develop outreach materials for distribution to eligible individuals.
(b) The Board shall publicize the existence and eligibility requirements of the
Program through the following entities:
(1) the Department of Aging;
(2) local health departments;
(3) continuing care retirement communities;
(4) places of worship;
(5) civic organizations;
(6) community pharmacies; and
(7) any other entity that the Board determines appropriate.
(c) The Department of Aging, through its Senior Health Insurance Program,
shall:
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