California Law (Last Updated: March 4, 2014) |
Insurance Code - INS |
Division 2. CLASSES OF INSURANCE |
Part 6.5. CALIFORNIA MAJOR RISK MEDICAL INSURANCE PROGRAM |
Chapter 3. Powers and Duties |
Section 12713.
Latest version.
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Plan rates for major risk medical benefits approved for the program shall not be excessive, inadequate, or unfairly discriminatory, but shall be adequate to pay anticipated costs of claims or services and administration.
(Amended by Stats. 1990, Ch. 1060, Sec. 5. Effective September 19, 1990.)