§ 9-806. Assessments
West's Annotated Code of MarylandLabor and EmploymentEffective: July 1, 2021
Effective: July 1, 2021
MD Code, Labor and Employment, § 9-806
§ 9-806. Assessments
(a)(1) The Commission shall impose an assessment of 6.5%, payable to the Subsequent Injury Fund, on:
2. the payment of medical benefits by the employer or its insurer is to an independent third-party administrator that controls and pays the medical services in accordance with the formal set-aside allocation, provided there is no reversionary interest to the covered employee or the covered employee's beneficiaries.
(b) In computing the amount of an assessment, the Commission shall round off any fractional dollar to the nearest whole dollar.
(c) Payment of an assessment under this section is in addition to any payment of compensation to a covered employee who has sustained an accidental personal injury, occupational disease, or compensable hernia or a dependent of the covered employee, as provided in this title.
(d)(1) The Director of the Subsequent Injury Fund promptly shall remit to the State Treasurer each payment of assessment received by the Subsequent Injury Fund.
Credits
Added by Acts 1991, c. 8, § 2, eff. Oct. 1, 1991. Amended by Acts 1991, c. 21, § 5, eff. Oct. 1, 1991; Acts 1995, c. 293, § 1, eff. Oct. 1, 1995; Acts 2003, c. 63, § 1, eff. June 1, 2003; Acts 2012, c. 40, § 1, eff. July 1, 2012; Acts 2012, c. 41, § 1, eff. July 1, 2012; Acts 2014, c. 34, § 1, eff. June 1, 2014; Acts 2020, c. 495, § 1, eff. July 1, 2020.
Formerly Art. 101, § 66.
MD Code, Labor and Employment, § 9-806, MD LABOR & EMPLY § 9-806
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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