Martin O'Malley, Governor

Ch. 7

(i) 50% of the small employer contribution; or
(ii) an amount established by the commission; and
(2) (3) may be calculated on a sliding scale.

(c)     a subsidy of health insurance premium contributions
made by an employee of a small employer: provided to an employee
of a small employer under the program:

(1) shall offset a portion of the small employer health
benefit plan premium contributions made by an employee:

(1)(2)        may not exceed the lower of:

(i)     50% of the employee contribution; or

(ii)    an amount established by the commission; and

(2) (3)        may be calculated on a sliding scale.

(d)     The Commission may alter the subsidy amounts provided
under subsections (b) and (c) of this section according to the
number of employees of the small employer.

(e)     the total amount of all subsidies provided under this
section shall be subject to the limitations of the state budget.

(A) A SMALL EMPLOYER SHALL BE ELIGIBLE FOR A SUBSIDY OF HEALTH
INSURANCE PREMIUMS IF THE SMALL EMPLOYER;

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

(I) IS CURRENTLY OFFERING HEALTH INSURANCE TO ITS
EMPLOYEES;

(II) HAS AT LEAST TWO BUT NOT MORE THAN NINE

FULL-TIME EMPLOYEES, AS DETERMINED BY THE COMMISSION IN

REGULATION; AND

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15-12A-04.