Maryland revisits taxing hospitals’ offshore captive insurance

Maryland regulators are studying whether nonprofit hospitals’ offshore captive insurance companies, subsidiaries that hospitals form to cover their own risks such as malpractice claims, should be subject to the state’s 3% premium tax. The Maryland Insurance Administration held a public meeting on the issue Oct. 7, Maryland Matters reported. The study, due to lawmakers by […] The post Maryland revisits taxing hospitals’ offshore captive insurance appeared first on Becker&#...