(c) (1) The fees assessed on payors in accordance with § 15-111 of the
Insurance Article shall be apportioned among each payor based on the ratio of each
such payor's total premiums collected in the State to the total collected premiums of
all such payors in the State.

(2) On or before June 1 of each year, the Commission shall notify the
State Insurance Commissioner by memorandum of the total assessment on payors for
that year.

(d) (1) There is a Health Care Access and Cost Fund.

(2) The Fund is a special continuing, nonlapsing fund that is not subject
to § 7-302 of the State Finance and Procurement Article.

(3) The Treasurer shall separately hold, and the Comptroller shall
account for, the Fund.

(4) The Fund shall be invested and reinvested in the same manner as
other State funds.

(5) Any investment earnings shall be retained to the credit of the Fund.

(6) The Fund shall be subject to an audit by the Office of Legislative
Audits as provided for in § 2-1220 of the State Government Article.

(7) This section may not be construed to prohibit the Fund from
receiving funds from any other source.

(8) The Fund shall be used only to provide funding for the Commission
and for the purposes authorized under this subtitle.]

Article - Insurance

15-111.

[(a) (1) In this section the following words have the meanings indicated.

(2) "Health benefit plan" has the meaning stated in § 15-1201 of this

title.

(3) "Payor" means:

(i) a health insurer or nonprofit health service plan that holds a
certificate of authority and provides health insurance policies or contracts in the
State under this article;

(ii) a health maintenance organization that is authorized by the
Commissioner to operate in the State; or

(iii) a third party administrator.

(4) "Third party administrator" means a person that is registered as an
administrator under this article.