Section 123175 Of Chapter 3. Catastrophic Health Insurance From California Health And Safety Code >> Division 106. >> Part 1. >> Chapter 3.
123175
. The Legislature finds and declares as follows:
(a) A catastrophic illness or injury may financially devastate an
individual or the family of that individual because of extraordinary
medical expenses. It is vitally necessary to the public health and
welfare of the State of California that:
(1) Its residents not be burdened with those financial costs. Most
health insurance policies contain a monetary limitation on the
amount of money that can be expended on a particular illness or
individual, leaving any balance to be paid by the patient. The state
has enacted this chapter to promote the availability of additional
insurance to help pay extensive medical costs.
(2) The state government not be financially burdened by residents
who may become indigent due to these catastrophic health costs.
(b) It is the intent of the Legislature in enacting this chapter
to institute a program to inform state residents of the need for
catastrophic health insurance, and to make this insurance available
to residents through an independent insurer at no cost or liability
to the state.