EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW. [Brackets] indicate matter deleted from existing law. *sb0535* SENATE BILL 535 J5, J4 4lr1155 SB 784/23 – FIN By: Senators Ready, Carozza, Folden, Gile, Kelly, McKay, and Salling Introduced and read first time: January 24, 2024 Assigned to: Finance A BILL ENTITLED AN ACT concerning 1 Health Insurance – Labor and Delivery Services – Cost–Sharing Requirements 2 FOR the purpose of requiring certain insurers, nonprofit health service plans, and health 3 maintenance organizations to provide coverage for labor and delivery services 4 without certain cost–sharing requirements; and generally relating to cost–sharing 5 requirements for labor and delivery services. 6 BY adding to 7 Article – Insurance 8 Section 15–811.1 9 Annotated Code of Maryland 10 (2017 Replacement Volume and 2023 Supplement) 11 SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 12 That the Laws of Maryland read as follows: 13 Article – Insurance 14 15–811.1. 15 (A) THIS SECTION APPLIES TO: 16 (1) INSURERS AND NONPROF IT HEALTH SERVICE PL ANS THAT 17 PROVIDE LABOR AND DE LIVERY COVERAGE TO I NDIVIDUALS OR GROUPS ON AN 18 EXPENSE–INCURRED BASIS UNDER HEALTH INSURANCE POL ICIES OR CONTRACTS 19 THAT ARE ISSUED OR D ELIVERED IN THE STATE; AND 20 (2) HEALTH MAINTENANCE ORGANIZA TIONS THAT PROVIDE L ABOR 21 AND DELIVERY COVERAG E TO INDIVIDUALS OR GROUPS UNDER CONTRAC TS THAT 22 ARE ISSUED OR DELIVE RED IN THE STATE. 23 2 SENATE BILL 535 (B) AN ENTITY SUBJECT TO THIS SECTION SHALL C OVER LABOR AND 1 DELIVERY SERVICES WI THOUT A DEDUCTIBLE , COINSURANCE, COPAYMENT , OR ANY 2 OTHER COST–SHARING REQUIREMENT . 3 SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall apply to all 4 policies, contracts, and health benefit plans issued, delivered, or renewed in the State on or 5 after January 1, 2025. 6 SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall take effect 7 January 1, 2025. 8