Ch. 5
2004 LAWS OF MARYLAND
2. $39,300,000 TO THE MEDICAL ASSISTANCE PROGRAM
ACCOUNT;
(II) (III) IN FISCAL YEAR 2007:
1. $33,400,000 TO THE RATE STABILIZATION ACCOUNT TO
SUBSIDIZE AGREEMENTS FOR CALENDAR YEAR 2006; AND
2. $46,600,000 TO THE MEDICAL ASSISTANCE PROGRAM
ACCOUNT;
(III) (IV) IN FISCAL YEAR 2008:
1. $26,100,000 TO THE RATE STABILIZATION ACCOUNT TO
SUBSIDIZE AGREEMENTS FOR CALENDAR YEAR 2007; AND
2. THE REMAINING BALANCE TO THE MEDICAL ASSISTANCE
PROGRAM ACCOUNT;
(IV) (V) IN FISCAL YEAR 2009:
1. $18,800,000 TO THE RATE STABILIZATION ACCOUNT TO
SUBSIDIZE AGREEMENTS FOR CALENDAR YEAR 2008; AND
2. THE REMAINING BALANCE TO THE MEDICAL ASSISTANCE
PROGRAM ACCOUNT; AND
(V) (VI) IN FISCAL YEAR 2010 AND ANNUALLY THEREAFTER 100%
TO THE MEDICAL ASSISTANCE PROGRAM ACCOUNT.
(J) (1) THE COMMISSIONER MAY ENTER INTO FOUR 1-YEAR AGREEMENTS
WITH A MEDICAL PROFESSIONAL LIABILITY INSURER TO:
(1) (I) SUBJECT TO PARAGRAPH (2) OF THIS SUBSECTION, FOR AN
AGREEMENT APPLICABLE TO A 12-MONTH PERIOD INITIATED ON OR AFTER
JANUARY 1, 2005, MAINTAIN MEDICAL PROFESSIONAL LIABILITY INSURANCE
POLICIES. ISSUED OR DELIVERED IN THE STATE AT RATES ALLOWED UNDER AN
APPROVED RATE FILING FOR THAT PERIOD, LESS THE VALUE OF THE GUARANTEE
PROVIDED UNDER SUBSECTION (M) OF THIS SECTION;
(2) (II) FOR AN AGREEMENT APPLICABLE TO A 12-MONTH PERIOD
INITIATED ON OR AFTER JANUARY 1, 2006, MAINTAIN MEDICAL PROFESSIONAL
LIABILITY INSURANCE POLICIES ISSUED OR DELIVERED IN THE STATE AT RATES
ALLOWED UNDER AN APPROVED RATE FILING FOR THAT PERIOD, LESS THE VALUE
OF THE GUARANTEE PROVIDED UNDER SUBSECTION (M) OF THIS SECTION;
(3) (III) FOR AN AGREEMENT APPLICABLE TO A 12-MONTH PERIOD
INITIATED ON OR AFTER JANUARY 1, 2007, MAINTAIN MEDICAL PROFESSIONAL
LIABILITY INSURANCE POLICIES ISSUED OR DELIVERED IN THE STATE AT RATES
ALLOWED UNDER AN APPROVED RATE FILING FOR THAT PERIOD, LESS THE VALUE
OF THE GUARANTEE PROVIDED UNDER SUBSECTION (M) OF THIS SECTION; AND
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