California Insurance Code 12693.53 – The board shall develop and utilize appropriate cost containment …
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The board shall develop and utilize appropriate cost containment measures to maximize the coverage offered under the program. Those measures may include limiting the expenditure of state funds for this purpose to the price to the state for the lowest cost plan contracting with the program and creation of program rules that restrict the ability of employers or applicants to drop existing coverage in order to qualify children for the program.
(Added by Stats. 1997, Ch. 623, Sec. 2. Effective January 1, 1998.)
Terms Used In California Insurance Code 12693.53
- State: means the State of California, unless applied to the different parts of the United States. See California Insurance Code 28