HB 1795 – MarylandStatus: Enacted
Year Introduced: 2018
RELATING TO MARYLAND HEALTH BENEFIT EXCHANGE – ESTABLISHMENT OF A REINSURANCE PROGRAM: Altering the purposes of the Maryland Health Benefit Exchange Fund; providing that certain funds may be used only for the purposes of the State Reinsurance Program; requiring, rather than authorizing, the Exchange, in consultation with the Maryland Insurance Commission and as approved by the Maryland Health Benefit Exchange Board, to establish and implement a State Reinsurance Program to provide reinsurance to certain carriers; requiring that the Program be designed to mitigate the impact of certain individuals on rates; etc.
Enacted as Md. Code Ann., Ins. § 31-107, Md. Code Ann., Ins. § 31-117.