{"code":"HSC","codeName":"Health and Safety Code","section":"123205","citation":"Health & Saf. Code, § 123205","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 106. PERSONAL HEALTH CARE (INCLUDING MATERNAL, CHILD, AND ADOLESCENT) [123100. - 125850.]","url":"https://blackletter.si/health-and-safety-code/division-106"},{"name":"PART 1. GENERAL ADMINISTRATION [123100. - 123223.]","url":"https://blackletter.si/health-and-safety-code/division-106/part-1"},{"name":"CHAPTER 3. Catastrophic Health Insurance [123175. - 123220.]","url":"https://blackletter.si/health-and-safety-code/division-106/part-1/chapter-3"}],"history":"Added by Stats. 1995, Ch. 415, Sec. 8.   Effective January 1, 1996.","effective":"1996-01-01","html":"<p>The director shall enter into contracts pursuant to subdivision (a) of Section <a href=\"/hsc/123185\">123185</a> only with insurers that meet all of the following criteria, as determined by the director:</p><p>(a) The insurer shall be actuarially sound. </p><p>(b) The insurer shall be fully self-supported by its policy premiums or charges and investments. </p><p>(c) The insurer shall use advertising that is accurate. </p>","text":"The director shall enter into contracts pursuant to subdivision (a) of Section 123185 only with insurers that meet all of the following criteria, as determined by the director: (a) The insurer shall be actuarially sound. (b) The insurer shall be fully self-supported by its policy premiums or charges and investments. (c) The insurer shall use advertising that is accurate.","otherVersions":[],"url":"https://blackletter.si/health-and-safety-code/catastrophic-health-insurance-123205","source":"California Legislative Information bulk export (pubinfo)"}