CA AB2088

Requires health care service plans and insurers offering group health insurance in the large group market with less than 60% minimum value to ensure covered persons also have coverage providing at least 60% minimum value.

Mandates that health care service plans and insurers file annual certifications with the director or commissioner by March 1 stating that policies with less than 60% minimum value are being offered as supplemental insurance, not as substitutes for essential health benefits.

Requires disclosure statements prominently displayed on the first page of policies stating "This is a supplement to health insurance. It is not a substitute for essential health benefits or minimum essential coverage as defined in federal law."

Exempts specialized health care service plans and policies, as well as insurers subject to specific disclosure requirements under Section 10198.61, from these requirements.

Applies to policies offered for the first time on or after July 1, 2015, with certification filing required at least 30 days prior to issuance.