Cal. Ins. Code § 10385

Current through the 2023 Legislative Session.
Section 10385 - Compensation not based on number of policies recommended to be rescinded, canceled or limited resulting cost savings

Compensation of a person or entity employed by, or contracted with, a disability insurer shall not be based on, or related in any way to, the number of policies or certificates for health insurance that the person or entity has caused or recommended to be rescinded, canceled, or limited, or the resulting cost savings to the insurer. A disability insurer shall not set performance goals or quotas, or provide compensation to any person or entity employed by, or contracted with, the insurer, based on the number of persons whose health insurance coverage is rescinded or any financial savings to the insurer associated with rescission of coverage.

Ca. Ins. Code § 10385

Added by Stats 2008 ch 188 (AB 1150),s 2, eff. 1/1/2009.