California Government Code 22850.5 – (a) In performing the duties prescribed by Section 22850, the …
(a) In performing the duties prescribed by Section 22850, the board shall negotiate with carriers providing health benefit plans to add a core health plan option to the existing portfolio of health plans or to implement other measures to achieve ongoing cost savings beginning in the 2012-13 fiscal year, or both.
(b) For purposes of this section, a “core health plan” means a plan that includes all of the following:
Terms Used In California Government Code 22850.5
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- State: means the State of California, unless applied to the different parts of the United States. See California Government Code 18
(1) A plan that provides coverage for essential benefits at lower premiums, for both the state and the employee, than existing benefit plan options.
(2) A plan that may include fewer benefits and higher employee cost sharing than those provided in existing health benefit plan options.
(3) A plan option that is available for participants beginning in the 2012 open enrollment period for the 2013 calendar year.
(Added by Stats. 2011, Ch. 11, Sec. 12. (SB 80) Effective March 24, 2011.)