Health and Safety Code - HSC
DIVISION 106. PERSONAL HEALTH CARE (INCLUDING MATERNAL, CHILD, AND ADOLESCENT) [123100 - 125850]
( Division 106 added by Stats. 1995, Ch. 415, Sec. 8. ) PART 1. GENERAL ADMINISTRATION [123100 - 123223]
( Part 1 added by Stats. 1995, Ch. 415, Sec. 8. ) CHAPTER 3. Catastrophic Health Insurance [123175 - 123220]
( Chapter 3 added by Stats. 1995, Ch. 415, Sec. 8. ) 123205.
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.
(Added by Stats. 1995, Ch. 415, Sec. 8. Effective January 1, 1996.)