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PARRIS N. GLENDENING, Governor S.B. 499
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5. loss ratio; and
expense ratio.
(3) The data required under paragraph (2) of this subsection shall be
reported:
(i) by product delivery system for health benefit plans that are
issued under Subtitle 12 of this title;
(ii) in the aggregate for health benefit plans that are issued to
individuals;
(iii) in the aggregate for a managed care organization that operates
under Title 15, Subtitle 1 of the Health - General Article; and
(iv) in a manner determined by the Commissioner in accordance
with this subsection for all other health benefit plans.
(4) THE COMMISSIONER IN CONSULTATION WITH THE SECRETARY OF
HEALTH AND MENTAL HYGIENE, SHALL ESTABLISH AND ADOPT BY REGULATION A
METHODOLOGY TO BE USED IN THE ANNUAL REPORT THAT ENSURES A CLEAR
SEPARATION OF ALL MEDICAL AND ADMINISTRATIVE EXPENSES WHETHER
INCURRED DIRECTLY OR THROUGH A SUBCONTRACTOR
[4] (5) The Commissioner may conduct an examination to ensure that
an annual report submitted under this subsection is accurate.
[(5)] (6) Failure of an insurer, nonprofit health service plan, or health
maintenance organization to submit the information required under this subsection in
a timely manner shall result in a penalty of $500 for each day after March 1 that the
information is not submitted.
SECTION 3. AND BE IT FURTHER ENACTED, That this Act applies to an
administrative service provider contract entered into on or after June 1, 2000. An
administrative service provider contract in effect before June 1, 2000, shall comply
with the provisions of this Act no later than January 1, 2001.
SECTION 4. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 2000.
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May 18, 2000
The Honorable Thomas V. Mike Miller, Jr.
President of the Senate
State House
Annapolis MD 21401
Dear Mr. President:
In accordance with Article II, Section 17 of the Maryland Constitution, I have today
vetoed Senate Bill 499 - Alcoholic Beverages - Local Licensing Boards - Appeals to
Circuit Courts.
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- 3919 -
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