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, 2000
Volume 797, Page 1911   View pdf image
 Jump to  
   << PREVIOUS  NEXT >>
clear space clear space clear space white space
PARRIS N. GLENDENING, Governor
Ch. 320
Article - Insurance Section 15-128 Annotated Code of Maryland (1997 Volume and 1999 Supplement) SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows: Article—Health—General 19-207.1. (A) (1) IN THIS SECTION THE FOLLOWING WORDS HAVE THE MEANINGS
INDICATED. (2) "CARRIER" MEANS: (I) AN INSURER; (II) A NONPROFIT HEALTH SERVICE PLAN;
(III) A HEALTH MAINTENANCE ORGANIZATION;
(IV) A DENTAL PLAN ORGANIZATION; OR (V) ANY OTHER PERSON THAT PROVIDES HEALTH BENEFIT PLANS
SUBJECT TO REGULATION BY THE STATE. (3) "COMMISSIONER" MEANS THE MARYLAND INSURANCE COMMISSIONER (4) "SAAC PRODUCT" HAS THE MEANING STATED IN § 15-6A-01 OF THE
INSURANCE ARTICLE. (5) "SUBSIDY' MEANS THE AMOUNT OF HEALTH CARE EXPENDITURES
PAID BY A CARRIER THAT EXCEEDS 70% OF THE PREMIUM EARNED FOR THE SAAC
PRODUCT BY THE CARRIER (6) "VALUE OF THE DIFFERENTIAL" MEANS THE DIFFERENCE BETWEEN
WHAT THE CARRIER WOULD HAVE PAID FOR HOSPITAL SERVICES WITHOUT THE
DIFFERENTIAL, AND WHAT THE CARRIER PAID FOR HOSPITAL SERVICES WITH THE
DIFFERENTIAL. (B) THE COMMISSIONER SHALL NOTIFY THE COMMISSION OF EACH CARRIER
THAT: (1) APPLIES FOR APPROVAL OF A SAAC PRODUCT UNDER § 15-6A-03 OF
THE INSURANCE ARTICLE; OR (2) HAS A SAAC PRODUCT THAT HAS BEEN APPROVED UNDER § 15-6A-03
OF THE INSURANCE ARTICLE.
- 1911 -


  		clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 2000
Volume 797, Page 1911   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 msa.helpdesk@maryland.gov.

©Copyright  October 11, 2023
Maryland State Archives