Maryland Statutes
Subtitle 2 - Reserves
Section 5-203 - Active Life Reserves for Health Insurance Policies

(a)    An insurer shall maintain active life reserves for all health insurance policies.
    (b)    The active life reserves:
        (1)    shall place a sound value on the insurer’s liabilities under the health insurance policies;
        (2)    may not be less than the reserves required by the appropriate standards set forth in regulations that the Commissioner adopts; and
        (3)    in the aggregate, may not be less than the pro rata gross unearned premiums for the health insurance policies.

Structure Maryland Statutes