California Statutes
§ 1367.010. — 1367.010. (Added by Stats. 2015, Ch. 617, Sec. 2.)
California·Code HSC Health and Safety Code - HSC·Div. 2. DIVISION 2. LICENSING PROVISIONS·Ch. 2.2. CHAPTER 2.2. Health Care Service Plans·Art. 5. ARTICLE 5. Standards
(a)
(1)A nongrandfathered health care service plan, except a health care service plan offering a specialized health care service plan contract, that offers, amends, or renews a large group health care service plan contract shall not market, offer, amend, or renew a large group plan contract that provides a minimum value of less than 60 percent.
(2)This section shall not apply to limited wraparound coverage, consistent with Section 146.145(b) of Title 45 of the Code of Federal Regulations.
(b)For purposes of this section, a plan shall provide a minimum value of at least 60
percent, as described in Section 36B(c)(2)(C) of the federal Internal Revenue Code and any regulation or guidance adopted under that section.
(c)The following definitions apply for purposes of this section:
(1)
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California § 1367.010. (1367.010. (Added by Stats. 2015, Ch. 617, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2015, Ch. 617, Sec. 2. (AB 248) Effective January 1, 2016.