ROBERT L. EHRLICH, JR., Governor Ch. 356
establish certain committees with certain duties; requiring board approval for
certain actions; providing that a decision by a certain board to convert to a
for-profit entity under certain provisions of law may be rejected by a certain
number of members of the board; requiring a certain board to take and retain
certain minutes; altering the term of certain board members beginning on a
certain date; altering a certain qualification of a consumer member of a certain
board; altering the maximum term of certain board members; prohibiting certain
individuals from serving on a certain board; specifying the amount of
compensation of certain board members; requiring certain corporations to report
to the Insurance Commissioner on the amount of certain expenses paid to board
members; altering the definition of an "unsound or unsafe business practice";
requiring the Attorney General to notify the Insurance Commissioner that a
nonprofit health service plan is engaging in a certain business practice under
certain circumstances; authorizing the Attorney General to undertake a certain
investigation and initiate a certain action under certain circumstances; requiring
the Insurance Commissioner to make certain approvals unless the Insurance
Commissioner determines approval is not in the public interest; limiting the
compensation that certain individuals may approve or receive from the assets of
a certain corporation; requiring a certain board committee to develop certain
guidelines and requiring the board to submit the guidelines to the Insurance
Commissioner for approval, provide a copy of the guidelines to certain
individuals, and adhere to the guidelines in compensating certain individuals;
requiring the Insurance Commissioner to review certain guidelines and
compensation and issue a certain order prohibiting payment of certain
compensation under certain circumstances; providing that the approval or
receipt of certain remuneration is a violation of a certain provision of law and is
an unsound or unsafe business practice; increasing the maximum civil penalty
for violations of certain provisions of law by certain officers, directors, and
employees; establishing a Joint Nonprofit Health Service Plan Oversight
Committee; establishing the composition of the Committee; providing for the
appointment of co-chairmen and for staff assistance for the Committee;
requiring the Committee to undertake a certain examination and evaluation to
meet certain goals; requiring the Committee to submit a certain annual report in
a certain manner and on or before certain dates; specifying when a certain
determination made by a certain regulating entity is effective; ratifying a certain
determination by the Insurance Commissioner; providing for the termination of
the terms of certain board members, the replacement of certain board members,
and staggering of the terms of certain board members; prohibiting the acquisition
of a certain nonprofit health service plan within a certain period of time;
providing for the application of certain provisions of law to certain compensation
agreements; prohibiting a member of the board of directors of a certain
corporation from serving on the board after removal from the board; stating the
intent of the General Assembly to encourage a certain nonprofit health service
plan to participate in certain public programs; requiring a certain nonprofit
health service plan to work with certain persons, conduct a certain study, and
report to certain committees of the General Assembly on or before a certain date;
requiring the Insurance Commissioner to make a certain determination
regarding whether conduct identified in a certain order issued by the Maryland
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