Md. Code, Ins. § 6-103

Current with changes from the 2023 Legislative Session
Section 6-103 - Tax rate

The tax rate is:

(1) 0% for premiums for annuities; and
(2) 2% for all other premiums, including:
(i) gross receipts received as a result of capitation payments made to a managed care organization, supplemental payments, and bonus payments; and
(ii) subscription charges or other amounts paid to a for-profit health maintenance organization.

Md. Code, IN § 6-103