California Insurance Code 10860 – Contracts between the purchasing alliance and participating carriers …
Current as of: 2024 | Check for updates
|
Other versions
Contracts between the purchasing alliance and participating carriers shall specify how all premiums will be transmitted, and penalties and grace periods for payments.
(Added by Stats. 1996, Ch. 916, Sec. 1. Effective January 1, 1997.)
Terms Used In California Insurance Code 10860
- Purchasing alliance: means a non-risk-bearing entity issued a certificate of registration pursuant to this chapter to provide health benefits through multiple unaffiliated participating carriers to multiple participating employers, small employers and their employees within this state as authorized by the commissioner. See California Insurance Code 10810