§ 15-1216. Maryland Small Employer Health Reinsurance Pool
West's Annotated Code of MarylandInsuranceEffective: April 10, 2012
Effective: April 10, 2012
MD Code, Insurance, § 15-1216
§ 15-1216. Maryland Small Employer Health Reinsurance Pool
(a) The Commissioner shall establish the Maryland Small Employer Health Reinsurance Pool.
(b) The Pool shall be operational and may reinsure claims in accordance with this subtitle on or after July 1, 1994.
(c)(1) The reinsuring carriers shall elect a Board of Directors to be composed of seven members.
(e)(1) The Board shall appoint an Executive Director, who shall be the chief administrative officer of the Pool.
(g)(1) The Board shall submit to the Commissioner a plan of operation to ensure the fair, reasonable, and financially sound administration of the Pool.
Credits
Added by Acts 1997, c. 35, § 2, eff. Oct. 1, 1997. Amended by Acts 2012, c. 66, § 1, eff. April 10, 2012.
Formerly Art. 48A, § 707.
MD Code, Insurance, § 15-1216, MD INSURANCE § 15-1216
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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