Maryland Insurance Section 5-203

      (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.