California Insurance Code
§ 1068.1
INS § 1068.1 Effective Jan 1, 2001Div. 1 · Part 2 · Ch. 1 · Art. 14.8
Statute text
View on leginfo.ca.gov(a)As used in this section:
(1)“Carrier” means a specialized health care service plan, and any of the following entities which offer coverage comparable to the coverages offered by a specialized health care service plan: an insurer issuing group disability coverage; a nonprofit hospital service plan; or other entity responsible for either the payment of benefits for or the provision of services under a group contract.
(2)“Insolvency” means that the Director of the Department of Managed Health Care has determined that the specialized health care service plan is not financially able to provide specialized health care services to its enrollees and (A) the Director of the Department of Managed Health Care has taken an action pursuant to Section 1386, 1391, or 1399 of the Health and Safety Code, or (B) an order requested by the commissioner or the Attorney General has been issued by the superior court under Section 1392, 1393, or 1394.1 of the Health and Safety Code.
…
Legislative history
Amended by Stats. 2000, Ch. 857, Sec. 58. Effective January 1, 2001.