1. (a) This section applies to an employee benefit plan whose benefit provisions are governed by the Employee Retirement Income Security Act of 1974 (ERISA)¹ or another federal law.

2. (b) On request of the Commissioner, each insurer, employer, third party administrator, or other entity that issues, delivers, administers, or offers a preferred provider insurance policy in the State shall file with the Commissioner:

   1. (1) a written summary description and a prototype copy of:

      1. (i) the preferred provider insurance policy;
      2. (ii) all attendant provider service contracts;
      3. (iii) any other related contracts; and
      4. (iv) any amendments to the documents listed in items (i) through (iii) of this item; and
   2. (2) any other related documents or information that the Commissioner requires.
3. (c) The Commissioner may impose a penalty not exceeding $1,000 for each failure to comply with this section.

Added by Acts 1997, c. 35, § 2, eff. Oct. 1, 1997. Amended by Acts 1998, c. 21, § 1, eff. April 14, 1998.

Formerly Art. 48A, § 658.

Pub.L. 93-406, Sept. 2, 1974, 88 Stat. 829, codified at 29 U.S.C.A. § 1001 et seq.