Ch. 7

2007 Laws of Maryland

(2) the level of subsidies to be provided under the
Program.

15-12A-03.

(A)      A SMALL EMPLOYER AND THE EMPLOYEES OF THE SMALL
EMPLOYER SHALL BE ELIGIBLE FOR A SUBSIDY OF HEALTH INSURANCE SMALL
EMPLOYER HEALTH BENEFIT PLAN PREMIUMS IF THE SMALL EMPLOYER:

(1)      AT THE TIME OF INITIAL APPLICATION FOR THE SUBSIDY:

(I)       HAS NOT OFFERED HEALTH INSURANCE A SMALL
EMPLOYER HEALTH BENEFIT PLAN TO ITS EMPLOYEES FOR AT LEAST 12
CONSECUTIVE MONTHS;

(II)      HAS AT LEAST TWO BUT NOT MORE THAN NINE
FULL TIME ELIGIBLE EMPLOYEES; AND

(III)    MEETS SALARY AND WAGE REQUIREMENTS
ESTABLISHED BY THE COMMISSION;

(2)      OFFERS A SMALL EMPLOYER HEALTH BENEFIT PLAN TO ITS
EMPLOYEES:

(2) (3)          ESTABLISHES A PAYROLL DEDUCTION PLAN THAT

SATISFIES UNDER § 125 OF THE INTERNAL REVENUE CODE;

(3) (4)          AGREES TO OFFER A BONA FIDE WELLNESS PROGRAM

WELLNESS BENEFIT. AS REQUIRED BY THE COMMISSION; AND

(4) (5)          MEETS ANY OTHER REQUIREMENTS ESTABLISHED BY

THE COMMISSION.

(B)      A SUBSIDY OF HEALTH INSURANCE PREMIUM CONTRIBUTIONS
MADE BY A SMALL EMPLOYER: PROVIDED TO A SMALL EMPLOYER UNDER THE
PROGRAM:

(1) SHALL OFFSET A PORTION OF THE SMALL EMPLOYER HEALTH
BENEFIT PLAN PREMIUM CONTRIBUTIONS MADE BY A SMALL EMPLOYER:

(1) (2)          MAY NOT EXCEED THE LOWER OF:

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