Code of Maryland Regulations
Title 31 - MARYLAND INSURANCE ADMINISTRATION
Subtitle 12 - HEALTH MAINTENANCE ORGANIZATIONS; ENTITIES THAT ACT AS HEALTH INSURERS
Chapter 31.12.06 - Managed Care Organizations - Financial Compliance Requirements
Section 31.12.06.02-1 - Risk-Based Capital Requirements
Universal Citation: MD Code Reg 31.12.06.02-1
Current through Register Vol. 51, No. 19, September 20, 2024
A. Health Insurer. In this regulation, the term "health insurer" has the meaning stated in Insurance Article, § 4-301(g), Annotated Code of Maryland.
B. Requirements Applicable to MCOs. Unless exempted by the Insurance Commissioner, beginning with the Annual Statement filed for the year ending December 31, 2001, an MCO shall comply with the risk-based capital requirements of Insurance Article, Title 4, Subtitle 3, Annotated Code of Maryland, in the same manner as a health insurer.
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