Statute · California Health and Safety Code

Cal. Health & Safety Code § 123205 — Catastrophic Health Insurance

Cal. Health & Safety Code § 123205

Type
Statute
Source
California Health and Safety Code
Jurisdiction
California
Date
1996-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

The director shall enter into contracts pursuant to subdivision (a) of Section 123185 only with insurers that meet all of the following criteria, as determined by the director:

Citator

Cal. Health & Safety Code § 123205 — Catastrophic Health Insurance is in force in the current edition of the Code, and nothing recorded condemns it.

The director shall enter into contracts pursuant to subdivision (a) of Section 123185 only with insurers that meet all of the following criteria, as determined by the director:

(a)  The insurer shall be actuarially sound.

(b)  The insurer shall be fully self-supported by its policy premiums or charges and investments.

(c)  The insurer shall use advertising that is accurate.