California Law (Last Updated: March 4, 2014) |
Revenue and Taxation Code - RTC |
Division 2. OTHER TAXES |
Part 7. INSURANCE TAXATION |
Chapter 3. All Insurance Other Than Ocean Marine |
ARTICLE 4. Basis of Tax for Medi-Cal Managed Care Plans |
Section 12241.
Latest version.
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For purposes of this article, "total operating revenue" means all amounts received by a Medi-Cal managed care plan in premium or capitation payments for the coverage or provision of all health care services, including, but not limited to, Medi-Cal services. Total operating revenue shall not include amounts received by a Medi-Cal managed care plan pursuant to a subcontract with a Medi-Cal managed care plan to provide health care services to Medi-Cal beneficiaries.
(Added by Stats. 2013, Ch. 33, Sec. 10. Effective June 27, 2013. Operative as of July 1, 2012, pursuant to Section 12242.)