Maryland Statutes
§ 18-116
Maryland § 18-116
This text of Maryland § 18-116 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Insurance § 18-116 (2026).
Text
(a)Except as provided in subsection (b) of this section, a premium increase under long-term care insurance may not be based on the age of the insured or certificate holder.
(b)A carrier may impose an across-the-board premium increase on policies or contracts of long-term care insurance that the carrier issues or delivers in the State after the carrier:
(1)submits to the Commissioner an actuarial memorandum that supports the proposed premium increase; and
(2)obtains the approval of the Commissioner.
(c)This section does not prohibit age-banding.
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Bluebook (online)
Maryland § 18-116, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gin/18-116.