Maryland Insurance Section 14-502

      (a)      There is a Maryland Health Insurance Plan.

      (b)      The Plan is an independent unit that operates within the Administration.

      (c)      The purpose of the Plan is to decrease uncompensated care costs by providing access to affordable, comprehensive health benefits for medically uninsurable residents of the State by July 1, 2003.

      (d)      It is the intent of the General Assembly that the Plan operate as a nonprofit entity and that Fund revenue, to the extent consistent with good business practices, be used to subsidize health insurance coverage for medically uninsurable individuals.