- A. When an insurer intends to cancel or not renew a health insurance product for all of the insurer's covered insureds in the State, the insurer shall file a plan of withdrawal with the Commissioner at least 90 days from the date of the proposed cancellation or nonrenewal.
- B. When an insurer intends to cancel or not renew all of the insurer's health insurance products for all of its covered insureds in the State, the insurer shall file a plan of withdrawal with the Commissioner at least 180 days before the date of the proposed withdrawal.
- C. A plan of withdrawal may not be required for nonrenewal of a contract which was approved for issuance on a single case basis.
Authority: Insurance Article, §§2-109 and 27-606, Annotated Code of Maryland
Effective date: October 9, 1995 (22:20 Md. R. 1543)
Chapter recodified from COMAR 09.31.10 to COMAR 31.10.04 effective September 7, 1998 (25:18 Md. R. 1439)
Regulation .01B amended effective May 9, 2016 (43:9 Md. R. 532)
Regulation .02B amended effective May 9, 2016 (43:9 Md. R. 532)