California Insurance Code 12699-12699.05
12699. (a) The Perinatal Insurance Fund is hereby created in the State Treasury. (b) Amounts deposited in the fund shall only be used for the purposes specified by this chapter. (c) Notwithstanding Section 13340 of the Government Code, the fund is hereby continuously appropriated, without regard to fiscal years, to the board, for the purposes specified in this part. (d) The board shall determine the portion of the subscriber contribution that shall be transferred from the Perinatal Insurance Fund to the Healthy Families Fund for the payment of the Healthy Families Program premium for the AIM-linked infant pursuant to paragraph (2) of subdivision (d) of Section 12696.05. 12699.05. (a) The board shall authorize the expenditure of money in the fund to cover program expenses, including program expenses that exceed subscriber contributions. (b) From money appropriated by the Legislature to the fund, the board may expend sufficient funds for operating expenses incurred in carrying out this part. (c) The board shall develop and utilize all appropriate cost containment measures to maximize the coverage offered under the program.
