California Insurance Code

§ 10752

INS § 10752 Effective Jan 1, 2014Div. 2 · Part 2 · Ch. 8 · Art. 5

Statute text

As used in this article, the following definitions shall apply:

(a)“Attachment point” means the amount of health claims incurred by a small employer in a policy year for its employees and their dependents, and covered by a stop-loss insurance policy, above which the stop-loss insurer incurs a liability for payment.

(1)“Individual attachment point” means the amount of health claims incurred by a small employer in a policy year for an individual employee or dependent of an employee, and covered by a stop-loss insurance policy, above which the stop-loss insurer incurs a liability for payment, under individual stop-loss coverage. For purposes of this article, “specific attachment point” has the same meaning as “individual attachment point.”

…

Legislative history

Added by Stats. 2013, Ch. 443, Sec. 1. (SB 161) Effective January 1, 2014.