Ch. 356                                    2003 LAWS OF MARYLAND

1. FOR A PERIOD OF TIME BEGINNING WITH THE DATE THE
PLAN WAS DETERMINED TO NOT BE IN COMPLIANCE WITH § 14-106 OF THIS
SUBTITLE; AND UNTIL SUCH TIME AS THE NONPROFIT HEALTH SERVICE PLAN
DEMONSTRATES TO THE COMMISSIONER THAT THE PLAN IS COMPLYING WITH §
14-106 OF THIS SUBTITLE.

2. IN AN AMOUNT EQUAL TO THE AMOUNT BY WHICH THE
VALUE OF THE NONPROFIT HEALTH SERVICE PLAN'S PREMIUM TAX EXEMPTION
UNDER § 6-101(B) OF THIS ARTICLE EXCEEDS THE SUM OF:

A. THE SUBSIDY REQUIRED UNDER THE SENIOR
PRESCRIPTION DRUG PROGRAM ESTABLISHED UNDER SUBTITLE 5, PART II OF THIS
TITLE; AND

B. OTHER FUNDS USED BY THE NONPROFIT HEALTH
SERVICE PLAN TO MEET THE PUBLIC SERVICE REQUIREMENT UNDER § 14-106 OF
THIS SUBTITLE.

(c) A nonprofit health service plan that fails to timely file the report required
under § 14-106 of this subtitle shall pay the penalties under § 14-121 of this subtitle.

(d) A party aggrieved by an order of the Commissioner issued under this
action has a right to a hearing in accordance with §§ 2-210 through 2-215 of this
article.

(E) PREMIUM TAX REVENUE COLLECTED BY THE ADMINISTRATION AS THE
RESULT OF AN ORDER ISSUED UNDER SUBSECTION (B) OF THIS SECTION SHALL BE
DEPOSITED INTO THE MARYLAND HEALTH INSURANCE PLAN FUND ESTABLISHED
UNDER § 14-504 OF THIS TITLE.

14-109.

An applicant for a certificate of authority shall:

(1) file with the Commissioner an application on the form that the
Commissioner provides containing the information that the Commissioner considers

necessary;

(2) pay to the Commissioner the applicable fee required by § 2-112 of
this article; and                                                             

(3) file with the Commissioner copies of the following documents,
certified by at least two of the executive officers of the corporation:

(i) articles of incorporation, INCLUDING THE APPLICANT'S
CORPORATE MISSION STATEMENT, with all amendments;

(ii) bylaws with all amendments;

(iii) each contract executed or proposed to be executed by the
corporation and a health care provider, embodying the terms under which health care
services are to be furnished to subscribers to the plan;

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