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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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INSURANCE |
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TITLE 14. ENTITIES THAT ACT AS HEALTH INSURERS |
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SUBTITLE 6. DISCOUNT MEDICAL PLAN ORGANIZATIONS AND DISCOUNT DRUG PLAN ORGANIZATIONS. |
§ 14-604. Registration -- Expiration and renewal.
Latest version.
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(a) Expiration. -- A registration expires on the second June 30 following the registration unless it is renewed as provided in this section.
(b) Renewal. -- Before a registration expires, the registrant may renew it for an additional 2-year term, if the registrant:
(1) otherwise is entitled to be registered;
(2) files with the Commissioner a renewal application on the form that the Commissioner requires; and
(3) pays to the Commissioner a renewal fee of $ 150.
(c) Renewal deadlines. -- An application for renewal of a registration shall be considered made in a timely manner if it is postmarked on or before June 30 of the year of renewal.
(d) Approval in general. -- Subject to the provisions of § 14-605 of this subtitle, the Commissioner shall renew the registration of each registrant that meets the requirements of this section.
(e) Annual filing of authorized persons; additional lists; electronic filing. --
(1) A registrant shall file annually with the Commissioner a current list of the persons authorized to sell, market, or solicit in the State a discount medical plan or discount drug plan established by the registrant.
(2) A registrant shall provide the Commissioner an additional list on request.
(3) A registrant may file the list required under this subsection electronically, in a format prescribed by the Commissioner.