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Session Laws, 1996
Volume 794, Page 360   View pdf image
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Ch. 11                                      1996 LAWS OF MARYLAND

In subsection (e)(1) of this section, the reference to a filing "with the
Commissioner" is added for clarity.

Also in subsection (e)(1) of this section, the former reference to a group
certificate and notice of proposed insurance delivered or issued for delivery in
this State "as specified in § 436G(b) and (d) of this subtitle" is deleted as
unnecessary in light of §§ 13-108(b) and 13-109(b) of this title.

In subsection (e)(2) of this section, the terms "group certificate" and "notice
of proposed insurance" are substituted for the former reference to "such
forms" for clarity.

In subsection (e)(2)(ii) of this section, the former reference to premium rates
"applicable to the insurance evidenced by the certificate or notice" is deleted
as unnecessary in light of the reference to premium rates for the "group
insurance".

In subsection (f)(2)(i) of this section, the former reference to "remuneration"
is deleted as included in the reference to "other compensation".

In subsection (g) of this section, the phrase "in accordance with § 2-215 of this
article" is added for clarity.

Also in subsection (g) of this section, the reference to a "final determination"
is deleted as included in the reference to "order".

Defined terms: "Commissioner" § 1-101
"Credit health insurance" § 13-101

"Credit involuntary unemployment benefit insurance" § 13-101
"Credit life insurance" § 13-101
"Insurance" § 1-101
"Insurer" § 1-101
"Policy" § 1-101
"Premium" § 1-101

13-111. PREMIUM RATES.
(A) DEFINITIONS.

(1)     IN THIS SECTION THE FOLLOWING WORDS HAVE THE MEANINGS
INDICATED.

(2)      "ACCOUNT" MEANS THE COVERAGE FOR A SINGLE PLAN OF
BENEFITS UNDER ONE PREMIUM PAYMENT METHOD OFFERED TO A SINGLE CLASS
OF BUSINESS BY ONE CREDITOR WRITTEN ON A GROUP OR INDIVIDUAL BASIS OR
BOTH.

(3)      "CASE" MEANS AN ACCOUNT OF AN INSURER OR, AT THE OPTION OF
THE INSURER, A COMBINATION OF ACCOUNTS OF THE INSURER WRITTEN UNDER
AN IDENTICAL PLAN OF BENEFITS FOR WHICH THE PREMIUMS FOR THE ACCOUNT
OR COMBINATION OF ACCOUNTS EXCEED, OR REASONABLY MAY BE EXPECTED TO
EXCEED, $50,000 IN A POLICY YEAR.

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Session Laws, 1996
Volume 794, Page 360   View pdf image
 Jump to  
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