clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e
  Maryland State Archives | Index | Help | Search search for:
clear space
white space
Session Laws, 1997
Volume 795, Page 924   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

Ch. 35

1997 LAWS OF MARYLAND

(I) WITHIN 20 DAYS AFTER A CHANGE IN THE GROSS CONTRACT
AND CERTIFICATE INCOME; OR

(II) IF NECESSARY, ANNUALLY ON JULY 1.

(C) REDUCTION IN AMOUNT.

(1) NOTWITHSTANDING SUBSECTION (B) OF THIS SECTION, IF THE
COMMISSIONER DETERMINES AFTER A HEARING THAT THE SURPLUS OR BOND
PROVIDED BY THE DENTAL PLAN ORGANIZATION UNDER SUBSECTIONS (A) AND (B)
OF THIS SECTION IS EXCESSIVE, THE COMMISSIONER MAY REDUCE THE AMOUNT OF
THE SURPLUS OR BOND REQUIRED.

(2) THE COMMISSIONER MAY NOT REDUCE THE AMOUNT OF THE
SURPLUS OR BOND UNLESS THE COMMISSIONER DETERMINES THAT THE DENTAL
PLAN ORGANIZATION IS SOLVENT AND HAS SURPLUS ASSETS OF AT LEAST $75,000 IN
EXCESS OF LIABILITIES.

(3) A DENTAL PLAN ORGANIZATION THAT IS ALLOWED TO REDUCE
THE AMOUNT OF ITS SURPLUS OR BOND UNDER THIS SUBSECTION THEREAFTER
SHALL MAINTAIN SURPLUS ASSETS OF AT LEAST $75,000 IN EXCESS OF LIABILITIES.

(D) EXCLUSIONS.

THE GROSS CONTRACT AND CERTIFICATE INCOME FOR 1 YEAR OF A DENTAL
PLAN ORGANIZATION THAT IS REFERRED TO IN SUBSECTION (B) OF THIS SECTION
MAY NOT INCLUDE INCOME EARNED FROM A DENTAL PLAN IF:

(1) PARTICIPATION IS WHOLLY VOLUNTARY ON THE PART OF THE
ENROLLEE;

(2) THE COST FOR THE DENTAL PLAN IS BORNE BY THE ENROLLEE;

AND

(3) THE PAYMENT FOR THE DENTAL PLAN IS BY PAYROLL DEDUCTION
ON THE BASIS OF EVERY WEEK, 2 WEEKS, OR MONTH.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 586.

In subsection (a) of this section, the former reference to a dental plan
organization "operating a dental plan on or after July 1, 1984" is deleted as
obsolete.

Also in subsection (a) of this section, the former word "suitable", which
modified "bond", is deleted as surplusage.

In subsection (b)(1) and (2) of this section, the reference to the "amount" of
the surplus or bond is added for accuracy and consistency.

In subsection (b)(1)(i) of this section, the reference to the gross contract and
certificate income "of the dental plan organization" is added for clarity.

In subsection (b)(2)(i) of this section, the former word "actual", which

- 924 -

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1997
Volume 795, Page 924   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  August 17, 2024
Maryland State Archives