California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 2 - Policy Forms and Other Documents
Article 1.9 - Standards for Determining Whether Benefits of an Individual Hospital, Medical or Surgical Policy Are Unreasonable in Relation to the Premium Charged Pursuant to Subdivision (c) of Section 10293
Section 2222.19 - Statement of Compliance

Universal Citation: 10 CA Code of Regs 2222.19
Current through Register 2024 Notice Reg. No. 38, September 20, 2024

Unless requested by the commissioner to provide more specific information on policy forms subject to the standards of reasonability in Section 2222.12, a company shall, by April 1 of each year, provide a statement from a qualified actuary that lists the policy forms to which the standards apply, the lifetime anticipated loss ratio and, if applicable, the lifetime anticipated disease management ratio for each form, and a statement that the standards of reasonability have been met, for each policy form for the preceding calendar year. For policy forms to which Section 2222.12(a) applies, a company shall also submit by April 1 of each year a schedule detailing disease management expenses for the preceding calendar year, if applicable.

1. New subsection (5) filed 4-5-78; designated effective 1-1-79 (Register 78, No. 14).
2. Amendment of section heading, repealer and new section and amendment of NOTE filed 12-29-2006; operative 3-29-2007 pursuant to Insurance Code section 10293(a) (Register 2006, No. 52).

Note: Authority cited: Sections 10293 and 10608, Insurance Code. Reference: Section 10293(a), Insurance Code.

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