California Insurance Code

§ 10753.16

INS § 10753.16 Effective Jan 1, 2013Div. 2 · Part 2 · Ch. 8.01 · Art. 2

Statute text

In connection with the offering for sale of a health benefit plan subject to this chapter to small employers: Each carrier shall make a reasonable disclosure, as part of its solicitation and sales materials, of the following:

(a)The provisions concerning the carrier’s ability to change premium rates and the factors that affect changes in premium rates. The carrier shall disclose that claims experience cannot be used.

(b)Provisions relating to the guaranteed issue of policies and contracts.

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Legislative history

Added by Stats. 2012, Ch. 852, Sec. 14. (AB 1083) Effective January 1, 2013.