Maryland Statutes
Subtitle 3 - Review Criteria and Penalties
Section 6.5-305 - Nonprofit Health Service Plan

(a)    The Secretary of the Department may revoke or suspend a license to operate a hospital in accordance with § 19-327 of the Health - General Article if an acquisition occurs without the approval of the Attorney General.
    (b)    An acquisition of a nonprofit health service plan or a nonprofit health maintenance organization may not occur without the approval of the Administration.
    (c)    A nonprofit health service plan or a nonprofit health maintenance organization may not be operated for profit.
    (d)    If the Commissioner determines that a nonprofit health service plan or a nonprofit health maintenance organization is in violation of subsection (b) or (c) of this section, the Commissioner may, in addition to any other remedies authorized by law, require the following:
        (1)    the divestiture of the acquisition;
        (2)    that the entity fully comply with this title;
        (3)    that the entity file a plan for conversion to a for-profit entity as required under this title;
        (4)    that the certificate of authority of the entity to operate as a nonprofit health service plan or a nonprofit health maintenance organization in this State be revoked or suspended; or
        (5)    the payment of a penalty as provided for in § 4-113(d)(1) of the Insurance Article for each violation of subsection (b) or (c) of this section.

Structure Maryland Statutes