(a) (1) This section may not be construed to require a carrier to disclose information that is proprietary and trade secret information under applicable law.
(2) This section applies only to carriers offering an individual plan or a small group plan.
(b) A carrier shall disclose to an individual or employer, as applicable, the following information:
(1) the carrier’s right to change premium rates and the factors that may affect changes in premium rates; and
(2) the benefits and premiums available under all health benefit plans for which the employer or individual is qualified.
(c) The carrier shall make the disclosure required under subsection (b) of this section:
(1) as part of its solicitation and sales material; or
(2) if the information is requested by the individual or employer.
(d) Information disclosed in accordance with subsection (b) of this section shall be:
(1) provided in a manner determined to be understandable by the average employer or individual; and
(2) sufficient to reasonably inform the employer or individual of the employer’s or individual’s rights and obligations under the health benefit plan.
Structure Maryland Statutes
Subtitle 1A - Consumer Protections
Section 15-1A-01 - Definitions
Section 15-1A-02 - Enforcement of Provisions by Commissioner
Section 15-1A-04 - Criteria for Health Benefit Plans -- Consistent With Federal Law
Section 15-1A-06 - Certain Factors Prohibited in Consideration -- Extra Premiums Prohibited
Section 15-1A-07 - Premium Rates Review -- Basis -- Ratio of Premium Rate Variation
Section 15-1A-09 - Acceptance of All Employers and Individuals -- Exceptions
Section 15-1A-11 - Lifetime or Annual Limits on Benefits
Section 15-1A-12 - Limit on Waiting Period for Otherwise Eligible Individual
Section 15-1A-14 - Emergency Services -- Coverages
Section 15-1A-16 - Acceptable Medical Loss Ratio -- Calculation
Section 15-1A-18 - Catastrophic Plans -- Regulations Governing
Section 15-1A-20 - Prescription Drug Essential Health Benefits for Individual and Small Group Plans
Section 15-1A-21 - Rescission of Coverage Under Health Benefit Plans -- Exceptions