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Session Laws, 1995
Volume 793, Page 3152   View pdf image
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Ch. 544                                        1995 LAWS OF MARYLAND

(VI)    SUGGESTS AMOUNTS TO GIVE THAT ARE VOLUNTARY AMONG
THE SUBSCRIBERS, WITH NO ASSUMPTION OF RISK OR PROMISE TO PAY EITHER
AMONG THE SUBSCRIBERS OR BETWEEN THE SUBSCRIBERS AND THE
ORGANIZATION;

(VII)  DOES NOT USE A COMPENSATED AGENT, REPRESENTATIVE,
OR OTHER INDIVIDUAL PERSON TO SOLICIT OR ENROLL SUBSCRIBERS;.

(VIII) DOES NOT MAKE A DIRECT OR INDIRECT REPRESENTATION
THAT IT IS OPERATING IN A FINANCIALLY SOUND MANNER OR THAT IT HAS HAD A
SUCCESSFUL HISTORY OF MEETING SUBSCRIBERS' FINANCIAL OR MEDICAL NEEDS
COSTS;

(IX)    PROVIDES TO EACH SUBSCRIBER A WRITTEN MONTHLY
STATEMENT LISTING BOTH THE TOTAL DOLLAR AMOUNT OF QUALIFIED NEEDS
MEDICAL COSTS SUBMITTED FOR PUBLICATION AND THE AMOUNT ACTUALLY
PUBLISHED AND ASSIGNED FOR PAYMENT;

(X)     DOES NOT USE FUNDS PAID BY SUBSCRIBERS FOR MEDICAL
NEEDS COSTS TO COVER ADMINISTRATIVE COSTS; AND

(XI)    SUBMITS A REGISTRATION STATEMENT, INCLUDING A COPY OF
ANY APPLICATION FORMS AND GUIDELINES, PROMOTIONAL, OR INFORMATIONAL
MATERIAL DISTRIBUTED BY OR ON BEHALF OF THE ARRANGEMENT, TO THE
SECRETARY OF STATE IN ACCORDANCE WITH THE PROVISIONS OF TITLE 6,
SUBTITLE 4 OF THE BUSINESS REGULATION ARTICLE; AND

(XI) (XII) PROVIDES THE FOLLOWING VERBATIM WRITTEN
DISCLAIMER AS A SEPARATE COVER SHEET FOR ANY AND ALL DOCUMENTS
DISTRIBUTED BY OR ON BEHALF OF THE EXEMPT ORGANIZATION ARRANGEMENT,
INCLUDING APPLICATIONS, GUIDELINES, PROMOTIONAL, OR INFORMATIONAL
MATERIAL AND ALL PERIODIC PUBLICATIONS:

"NOTICE

THIS PUBLICATION IS NOT ISSUED BY AN INSURANCE COMPANY NOR IS IT
OFFERED THROUGH AN INSURANCE COMPANY. IT DOES NOT GUARANTEE OR
PROMISE THAT YOUR MEDICAL BILLS WILL BE PUBLISHED OR ASSIGNED TO
OTHERS FOR PAYMENT. NO OTHER SUBSCRIBER WILL BE COMPELLED TO
CONTRIBUTE TOWARD THE COST OF YOUR MEDICAL BILLS. THEREFORE, THIS
PUBLICATION SHOULD NEVER BE CONSIDERED A SUBSTITUTE FOR AN
INSURANCE POLICY. THIS ACTIVITY IS NOT REGULATED BY THE STATE
INSURANCE ADMINISTRATION, AND YOUR LIABILITIES ARE NOT COVERED BY
THE LIFE AND HEALTH GUARANTY FUND. WHETHER OR NOT YOU RECEIVE
ANY PAYMENTS FOR MEDICAL EXPENSES AND WHETHER OR NOT THIS ENTITY
CONTINUES TO OPERATE, YOU ARE ALWAYS LIABLE FOR ANY UNPAID BILLS."

SECTION 2. AND BE IT FURTHER ENACTED, That the Laws of Maryland
read as follows:

- 3152 -

 

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Session Laws, 1995
Volume 793, Page 3152   View pdf image
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