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§ 12-204. Hearings on minimum benefits or coverage

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 12. Policy Forms and Provisions
Subtitle 2. Life and Health Insurance and Annuities (Refs & Annos)
MD Code, Insurance, § 12-204
§ 12-204. Hearings on minimum benefits or coverage
Currentness
In general
(a) The Commissioner may hold hearings to determine if accident, disability, and health insurance policies meet the requirements of § 12-205 of this subtitle, so that fraud and the issuance of insurance policies economically unsound to insureds may be prevented and to ensure that a minimum amount of benefits or coverage is made available to the policy or certificate holders.
Regulations relating to minimum benefits or coverage
(b) After evaluating the results of a hearing, the Commissioner shall, in compliance with § 12-205 of this subtitle, adopt reasonable regulations establishing minimum benefits or coverages necessary to meet the needs of insureds.

Credits

Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997.
Formerly Art. 48A, §§ 375A, 376.
MD Code, Insurance, § 12-204, MD INSURANCE § 12-204
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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