Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2012
 

Tax on Insurers Law

Chapter 3. All Insurance Other Than Ocean Marine.

Article 4. Basis of Tax for Medi-Cal Managed Care Plans*

Section 12241

12241. "Total operating revenue" defined. For purposes of this article, "total operating revenue" means all amounts received by a Medi-Cal managed care plan in premium or capitation payments for the coverage or provision of all health care services, including, but not limited to, Medi-Cal services. Total operating revenue shall not include amounts received by a Medi-Cal managed care plan pursuant to a subcontract with a Medi-Cal managed care plan to provide health care services to Medi-Cal beneficiaries.

* Article 4 was added by Stats. 2009, Ch. 157 (AB 1422), in effect September 22, 2009.