CA AB2767

Increases the Financial Solvency Standards Board membership from 7 appointed members to 10 appointed members, plus the department director or designee, for a total of 11 members.

Authorizes the director to appoint health care consumer advocates and individuals with training and experience in large group health insurance purchasing, in addition to existing expertise areas.

Maintains three-year terms for appointed members with ability for director to remove or reappoint before term expiration.

Preserves the board's duties to advise the director on financial solvency matters and develop solvency standards for managed care plan operations and provider relationships.