SB 1267 – Maryland

Status: Enacted
Year Introduced: 2018
Link: http://mgaleg.maryland.gov/webmga/frmMain.aspx?id=sb1267&stab=01&pid=billpage&tab=subject3&ys=2018rs

RELATING TO MARYLAND HEALTH BENEFIT EXCHANGE – ESTABLISHMENT OF A REINSURANCE PROGRAM: Requiring the Maryland Health Benefit Exchange to establish a State Reinsurance Program to provide reinsurance to carriers that offer individual health benefit plans in the State, and that is consistent with certain laws; requiring that the Program be designed to mitigate the impact of high-risk individuals on certain rates; providing that, beginning January 1, 2019, funding for reinsurance in the individual health insurance market through the Program may be made using certain funds; etc.

Enacted as Md. Code Ann., Ins. § 31-107, Md. Code Ann., Ins. § 31-117.

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