2013 Maryland Code
INSURANCE
§ 19-801 - Definitions


MD Ins Code § 19-801 (2013) What's This?

§19-801.

(a) In this subtitle the following words have the meanings indicated.

(b) “Fund” means the Maryland Health Care Provider Rate Stabilization Fund.

(c) (1) “Health care provider” means a health care practitioner:

(i) licensed under Title 14 of the Health Occupations Article; or

(ii) certified as a nurse midwife under Title 8 of the Health Occupations Article.

(2) “Health care provider” does not include:

(i) a respiratory care practitioner;

(ii) a radiation oncology/therapy technologist;

(iii) a medical radiation technologist; or

(iv) a nuclear medicine technologist.

(d) “Medical injury” has the meaning stated in § 3-2A-01 of the Courts Article.

(e) “Medical professional liability insurer” means an insurer that:

(1) holds a certificate of authority issued by the Commissioner under § 4-109 or § 4-112 of this article; and

(2) issues or delivers a policy in the State that insures a health care provider against damages due to medical injury.

(f) “Secretary” means the Secretary of Health and Mental Hygiene.

(g) “Subsidy factor” means, for medical professional liability insurance policies subject to rates that were approved for an initial effective date on or after January 1, 2006, a percentage of the policyholder’s premium for the prior year that equals the quotient, measured as a percentage of the balance of the Rate Stabilization Account for the current calendar year divided by the aggregate amount of premiums for medical professional liability insurance that would have been paid by health care providers at the approved rate during the prior calendar year.

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