California Statutes
§ 10112.6. — 10112.6. (Added by Stats. 2005, Ch. 230, Sec. 2.)
California·Code INS Insurance Code - INS·Div. 2. DIVISION 2. CLASSES OF INSURANCE·Part 2. PART 2. LIFE AND DISABILITY INSURANCE·Ch. 1. CHAPTER 1. The Contract·Art. 1. ARTICLE 1. General Provisions
(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.
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California § 10112.6. (10112.6. (Added by Stats. 2005, Ch. 230, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2005, Ch. 230, Sec. 2. Effective September 6, 2005.