Md. Code Regs. 14.01.02.03

Current through Register Vol. 51, No. 24, December 2, 2024

Section 14.01.02.03 - Amount of Assessment

A. Entities identified in Health-General Article, 21-2C-11, Annotated Code of Maryland, shall be subject to the following fee schedule:

(1) Manufacturers engaged in wholesale distribution, as defined in Health Occupations Article, § 12-6C-01, Annotated Code of Maryland, shall pay an assessment of $1,000;

(2) Wholesale distributors, as defined in Health Occupations Article, § 12-6C-01, Annotated Code of Maryland, that distribute prescription drugs shall pay an assessment of $1,000;

(3) Pharmacy benefits managers, as defined in Insurance Article, § 15-1601, Annotated Code of Maryland, shall pay an assessment of $1,000; and

(4) Carriers that provide health benefit plans, as defined in Health-General Article, §19-132(e), Annotated Code of Maryland, shall pay an assessment of $1,000.

B. An entity may request to pay the annual assessment in installments by submitting a letter to the Board demonstrating significant financial hardship in paying the assessment in a single payment.

Md. Code Regs. 14.01.02.03

Regulation .03 adopted effective 48:18 Md. R. 692, eff. 9/6/2021; amended effective 49:17 Md. R.790, eff. 8/22/2022; amended effective 50:19 Md. R. 854, eff. 10/2/2023