Statute · California Insurance Code

Cal. Ins. Code § 10112.6 — General Provisions

Cal. Ins. Code § 10112.6

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Date
2005-09-06
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) Consistent with federal law, a sponsor of a prescription drug plan authorized by the federal Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (P.L. 108-173) shall hold a valid license as a life and disability insurer issued by the department or as a health care service…

Citator

Cal. Ins. Code § 10112.6 — General Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

(a) Consistent with federal law, a sponsor of a prescription drug plan authorized by the federal Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (P.L. 108-173) shall hold a valid license as a life and disability insurer issued by the department or as a health care service plan issued by the Department of Managed Health Care.

(b) An entity that is licensed as a life and disability insurer and that operates a prescription drug plan shall be subject to the provisions of this code, unless preempted by federal law.