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Session Laws, 1999
Volume 796, Page 3884   View pdf image
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(8) THE FUND SHALL BE USED ONLY TO PROVIDE FUNDING FOR THE
COMMISSION AND FOR THE PURPOSES AUTHORIZED UNDER THIS SUBTITLE.

(G) ON OR BEFORE MAY 30 OF EACH YEAR, THE INSURANCE COMMISSIONER
SHALL NOTIFY THE COMMISSION OF THE TOTAL PREMIUMS COLLECTED IN THE
STATE FOR HEALTH BENEFIT PLANS OF ALL PAYORS IN THE STATE DURING THE
PRIOR CALENDAR YEAR AND EACH PAYOR'S TOTAL PREMIUMS IN THE STATE FOR
HEALTH BENEFIT PLANS FOR THE SAME CALENDAR YEAR

(G) (H) THE COMMISSION SHALL:

(1) (I) ASSESS FEES ON PAYORS FN ACCORDANCE WITH § 15-111 OF
THE IN
SURANCE ARTICLE AND IN A MANNER THAT APPORTIONS THE TOTAL AMOUNT
OF THE FEES TO BE ASSESSED ON PAYORS UNDER SUBSECTION (D)(2) OF THIS
SECTION AMONG EACH PAYOR BASED ON THE RATIO OF EACH PAYOR'S TOTAL
PREMIUMS COLLECTED IN THE STATE FOR HEALTH BENEFIT PLANS TO THE TOTAL
COLLECTED PREMIUMS OF ALL PAYORS COLLECTED IN THE STATE; AND

(II) ON OR BEFORE JUNE 1 OF EACH YEAR, NOTIFY THE INSURANCE
COMMIS
SIONER BY MEMORANDUM OF THE TOTAL ASSESSMENT ON PAYORS FOR
THAT YEAR;
AND ON OR BEFORE JUNE 30 OF EACH YEAR, ASSESS EACH PAYOR A FEE
IN ACCORDANCE WITH ITEM (I) OF THIS ITEM;

(2) (I) ASSESS FEES FOR EACH HOSPITAL EQUAL TO THE SUM OF:

1. THE AMOUNT EQUAL TO ONE-HALF OF THE TOTAL FEES
TO BE ASSESSED ON HOSPITALS UNDER SUBSECTION (D)(1)(I) OF THIS SECTION
TIMES THE RATIO OF ADMISSIONS OF THE HOSPITAL TO TOTAL ADMISSIONS OF ALL
HOSPITALS; AND

2. THE AMOUNT EQUAL TO ONE-HALF OF THE TOTAL FEES
TO BE ASSESSED ON HOSPITALS UNDER SUBSECTION (D)(1)(I) OF THIS SECTION
TIMES THE RATIO OF GROSS OPERATING. REVENUE OF EACH HOSPITAL TO TOTAL
GROSS OPERATING REVENUES OF ALL HOSPITALS;

(II) ESTABLISH MINIMUM AND MAXIMUM ASSESSMENTS: AND

(III) ON OR BEFORE JUNE 30 OF EACH YEAR, ASSESS EACH
HOSPITAL A FEE IN ACCORDANCE WITH ITEM (I) OF THIS ITEM; AND

(3) (II) (I) ASSESS FEES FOR EACH NURSING HOME EQUAL TO THE

SUM OF:

1. THE AMOUNT EQUAL TO ONE-HALF OF THE TOTAL FEES
TO BE ASSESSED ON NURSING HOMES UNDER SUBSECTION (D)(1)(II) OF THIS
SECTION TIMES THE RATIO OF ADMISSIONS OF THE NURSING HOME TO TOTAL
ADMISSIONS OF ALL NURSING HOMES; AND

2.  THE AMOUNT EQUAL TO ONE-HALF OF THE TOTAL FEES
TO BE ASSESSED ON NURSING HOMES UNDER SUBSECTION (D)(1)(II) OF THIS
SECTION TIMES THE RATIO OF GROSS OPERATING REVENUE OF EACH NURSING
HOME TO TOTAL GROSS OPERATING REVENUES OF ALL NURSING HOMES;

 

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Session Laws, 1999
Volume 796, Page 3884   View pdf image
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