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Session Laws, 2003
Volume 799, Page 2537   View pdf image
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ROBERT L. EHRLICH, JR., Governor                             Ch. 357

service plan shall have 1 year from the date the Commissioner issued the order under
subsection (a) of this section to comply with the requirements of § 14-106 of this
subtitle.

(2) If after the time period provided under paragraph (1) of this
subsection the Commissioner determines that a nonprofit health service plan has not
satisfied the requirements of § 14-106 of this subtitle:

(i) the Commissioner shall report the determination to the House
Economic Matters Committee and the Senate Finance Committee, including the
reasons for the determination; and

(ii) if required by an act of the General Assembly, the nonprofit
health service plan shall be subject to] THE COMMISSIONER SHALL ISSUE AN ORDER
REQUIRING THE NONPROFIT HEALTH SERVICE PLAN TO PAY the premium tax under
Title 6, Subtitle 1 of this article:

1. FOR A PERIOD OF TIME BEGINNING WITH THE DATE THE
PLAN WAS DETERMINED TO BE OUT OF COMPLIANCE WITH § 14-106 OF THI
S
SUBTITLE; AND UNTIL SUCH TIME AS THE NONPROFIT HEALTH SERVICE PLAN
DEMON
STRATES 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 EXCEED
S THE SUM OF:

A. THE SUBSIDY REQUIRED UNDER THE SENIOR
PRE
SCRIPTION 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.

(e) A nonprofit health service plan that fails to timely file the report required
under
§ 14-106 of this subtitle shall pay the penalties under § 11-121 of this subtitle.

(d) A party aggrieved by an order of the Commissioner issued under this
section 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
DEPO
SITED INTO THE MARYLAND HEALTH INSURANCE PLAN FUND ESTABLISHED
UNDER § 14-50
4 OF THIS TITLE.

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Session Laws, 2003
Volume 799, Page 2537   View pdf image
 Jump to  
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