Md. Code, Ins. § 19-806

Current with changes from the 2024 legislative session from Chs. 2 through 1049, effective on or before 6/1/2024

Section 19-806 - [Repealed]

IN EFFECT** IN EFFECT UNTIL JULY 1, 2021 PER CHAPTER 538 OF 2020 **

(a) On or before November 1 of each year from 2005 through 2007, the Commissioner shall determine the subsidy factor for the following calendar year based on the total dollar amount allocated to the Rate Stabilization Account for that calendar year.

(b) On or before December 1 of each year from 2005 through 2007, the Commissioner shall:

(1) issue a bulletin advising medical professional liability insurers of the subsidy factor for the following calendar year; and

(2) report to the Legislative Policy Committee, in accordance with § 2-1257 of the State Government Article, on:

(i) the subsidy factor for the following calendar year;

(ii) the money available to each medical professional liability insurer; and

(iii) the number of health care providers by classification and geographic territory eligible to receive a subsidy from the Rate Stabilization Account.

Md. Code, IN § 19-806

Repealed by 2020 Md. Laws, Ch. 538,Sec. 1, eff. 1/1/2021.