State Reinsurance Program definition

State Reinsurance Program means the market stabilization program identified in Insurance Article, §31-117, Annotated Code of Maryland.
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State Reinsurance Program means an MHBE – administered reinsurance program as set forth in COMAR 14.35.17.01 through 14.35.17.09.
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Examples of State Reinsurance Program in a sentence

  • Carrier shall comply with all requirements of the State Reinsurance Program, including, but not limited to, State regulations, including COMAR 14.35.17, as well as those in the Carrier Reference Manual, as a condition precedent to participation in the State Reinsurance Program.

  • The MHBE shall administer the State Reinsurance Program pursuant to Insurance Article §31-117, Annotated Code of Maryland, COMAR 14.35.07 and any other applicable law or regulation.

  • In establishing a premium rate for a QP, Carrier shall use a rating methodology that complies with State and federal laws and regulations, and applies only the permissible rating factors set forth in §2701(a) of the Affordable Care Act, Maryland Health Benefit Exchange Act, and any payments from the State Reinsurance Program under COMAR 14.35.17.04.

  • In establishing a premium rate for a QP, Carrier shall use a rating methodology that complies with State and federal laws and regulations and applies only the permissible rating factors set forth in §2701(a) of the Affordable Care Act, Maryland Health Benefit Exchange Act, and any payments from the State Reinsurance Program under COMAR 14.35.17.04.