Legislation
- Title
- Health Insurance – Cancellation of Individual Health Benefit Plans – Restriction
- Sponsored by
- Chair, Finance Committee (By Request - Departmental - Maryland Insurance Administration)
- Status
- In the Senate - Withdrawn by Sponsor
- Analysis
- Fiscal and Policy Note
Synopsis
Prohibiting a carrier from canceling an individual health benefit plan if a policyholder has made a premium payment before the end of the grace period, the amount of the premium payment made is less than the aggregate amount of the net monthly premium due as of the date of the payment, the amount of the deficiency is $10 or less, and the policyholder pays the remainder of the net monthly premium due within 30 days after a written notice of the deficiency is sent by the carrier.
Committees
- Original:
- Finance Click to view Recorded Media
Committee Testimony
Details
Cross-filed with: HB0240
Bill File Type: Pre-Filed
Effective Date(s): October 1, 2024
By Request of the Governor
History
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Statutes
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(
15-1309 )
Last Updated: 4/15/2024 3:14 PM