{"data":{"id":"us-md/md.-code-insurance-18-116","jurisdiction":"us-md","citation":"Md. Code, Insurance § 18–116","heading":"","body":"(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.\n(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:\n(1) submits to the Commissioner an actuarial memorandum that supports the proposed premium increase; and\n(2) obtains the approval of the Commissioner.\n(c) This section does not prohibit age-banding.","path":["Article - Insurance"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin\u0026section=18-116","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:59:28Z","sha256":"4be473e412a6d1d19fd2588d17e64f37d33d268cba5b52ff23f2e744985f7419","source_id":"us-md","stale":false,"prev":"us-md/md.-code-insurance-18-115","next":"us-md/md.-code-insurance-18-116.1"},"notice":"GroundRules: Original legal text. Not legal advice."}