Section 19-711 - Issuance of certificate of authority; merger, consolidation, etc., with domestic health maintenance organization. - Maryland Statutes

§ 19-711. Issuance of certificate of authority; merger, consolidation, etc., with domestic health maintenance organization.
 

(a)  Issuance of certificate of authority.- Within 90 days after the filing of an application for a certificate of authority to operate as a health maintenance organization, the Commissioner shall issue the certificate of authority to the applicant if: 

(1) The application conforms with § 19-708 of this subtitle; 

(2) The applicant has paid the fees required by § 19-709 of this subtitle; 

(3) The Department has advised in writing that the health maintenance organization's proposed health-related services, operations, and functions that fall under the regulatory jurisdiction of the Department appear to meet its requirements or are approved by the Department; and 

(4) The Commissioner is satisfied that the requirements of § 19-710 of this subtitle are met. 

(b)  Applicability of Title 7 of Insurance Article; consultation with Secretary.-  

(1) Subject to paragraph (2) of this subsection, the provisions of Title 7 of the Insurance Article apply to health maintenance organizations. 

(2) Before approving a transaction under § 7-306 of the Insurance Article, the Insurance Commissioner shall consult with the Secretary. 

(c)  Applicability.- Subsection (b) of this section may not apply to any transaction preempted by federal law. 
 

[An. Code 1957, art. 43, § 844; 1982, ch. 21, § 2; 1988, ch. 754; 1989, ch. 5, § 1; 1997, ch. 70, § 4; 2002, ch. 117, § 1.]