Cal. Ins. Code § 12713
12713
Effective Sep 19, 1990Amended by Stats. 1990, Ch. 1060, Sec. 5. Effective September 19, 1990. Inoperative July 1, 2014, as prescribed in Section 12701. Repealed as of January 1, 2016, pursuant to Section 12701.
Plan rates for major risk medical benefits approved for the program shall not be excessive, inadequate, or unfairly discriminatory, but shall be adequate to pay anticipated costs of claims or services and administration.