HB 1795 – Maryland

Status: Enacted
Year Introduced: 2018
Link: http://mgaleg.maryland.gov/webmga/frmMain.aspx?id=hb1795&stab=01&pid=billpage&tab=subject3&ys=2018rs

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.

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