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PARRIS N. GLENDENING, Governor Ch. 426
provide to the Commissioner the information necessary to make a determination of the
proportion of individual premiums to total premiums as provided under this paragraph.
(4) (5) FAILURE BY AN INSURER, HEALTH MAINTENANCE
ORGANIZATION, OR NONPROFIT HEALTH SERVICE PLAN TO FILE THE INFORMATION
REQUIRED UNDER PARAGRAPH (1) OF THIS SUBSECTION IN A TIMELY MANNER
SHALL RESULT IN A PENALTY OF $500 FOR EACH DAY AFTER MARCH 1 THAT THE
INFORMATION IS NOT FILED.
(5) (6) THE COMMISSIONER MAY EXAMINE EACH COMPANY TO
ENSURE THAT THE FILING REQUIRED UNDER PARAGRAPH (1) OF THIS SUBSECTION
IS ACCURATE.
(C) EACH INSURER, NONPROFIT HEALTH SERVICE PLAN AND HEALTH
MAINTENANCE ORGANIZATION SHALL INCLUDE PROVIDE ANNUALLY AND IN
WRITING THE LOSS RATIO FOR A HEALTH BENEFIT PLAN, AS SUBMITTED TO THE
INSURANCE COMMISSIONER UNDER THIS SECTION, IN ANY MARKETING MATERIALS
DISTRIBUTED TO THE PUBLIC TO EACH CONTRACT HOLDER.
(C) (D)(1) ON OR BEFORE MAY 1 OF EACH YEAR, THE COMMISSIONER SHALL
TRANSMIT TO THE HEALTH CARE ACCESS AND COST COMMISSION ANY
INFORMATION IT NEEDS TO EVALUATE BENEFITS AND COST SHARING
ARRANGEMENTS IN THE COMPREHENSIVE STANDARD HEALTH BENEFIT PLAN AS
REQUIRED UNDER § 700 OF THIS ARTICLE.
(2) THE INFORMATION PROVIDED BY THE COMMISSIONER SHALL BE
SPECIFIED IN REGULATIONS ADOPTED BY THE COMMISSIONER IN CONSULTATION
WITH THE HEALTH CARE ACCESS AND COST COMMISSION.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 1996.
Approved May 14, 1996.
CHAPTER 426
(House Bill 14)
AN ACT concerning
Fees for Licenses Issued Under Business Regulation Article
FOR the purpose of expanding a certain law that provides for proration of certain license
fees to include certain additional licenses; limiting the scope of this Act; making
certain technical changes; and generally relating to the fees charged by certain units
of State government for licenses.
BY repealing and reenacting, with amendments,
Article - State Government
Section 10-227
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