Sec. D-10. 24-A MRSA §2839-B is enacted to read:

§2839-B.__Large group rates

1.__Application. This section applies to group health insurance offered in the large group market as defined in section 2850-B, except insurance covering only accidental injury, specified disease, hospital indemnity, dental, vision, disability income, long-term care, Medicare supplement or other limited benefit health insurance.

2.__Annual filing.__Every carrier offering group health insurance specified in subsection 1 shall annually file with the superintendent on or before April 30th a certification signed by a member in good standing of the American Academy of Actuaries or a successor organization that the carrier's rating methods and practices are in accordance with generally accepted actuarial principles and with the applicable actuarial standards of practice as promulgated by an actuarial standards board.__The filing must also certify that the carrier has not reflected cost to the group health carrier of the recovery amount applied in accordance with section 6920. The filing also must state the number of policyholders and dependents, as of the close of the preceding calendar year, enrolled in large group health insurance plans offered by the carrier. A filing and supporting information are public records except as provided by Title 1, section 402, subsection 3.

3.__Documentation.__Every carrier shall maintain at its principal place of business a complete and detailed description of its rating practices, including information and documentation that demonstrates that its rating methods and practices are in accordance with generally accepted actuarial principles and with the applicable actuarial standards of practice as promulgated by an actuarial standards board.

Sec. D-11. 24-A MRSA §4207, sub-§5, as repealed and replaced by PL 1993, c. 645, Pt. A, §6, is amended to read:

5. A schedule or an amendment to a schedule of charge for enrollee health coverage for health care services may not be used by any health maintenance organization unless it complies with section 2736, 2808-B or 2839, whichever is applicable.

Sec. D-12. Effective date. That section of this Part that amends the Maine Revised Statutes, Title 24-A, section 2436, subsection 2-A takes effect January 1, 2005.