Md. Code, Insurance § 5-203
Md. Code, Insurance § 5-203
in effect(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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin§ion=5-203&enactments=falseFetched: 10/17/2026