BILL NUMBER: SB 703INTRODUCED BILL TEXT INTRODUCED BY Senator Hernandez FEBRUARY 18, 2011 An act to add Section 12711.3 to the Insurance Code, relating to health care coverage. LEGISLATIVE COUNSEL'S DIGEST SB 703, as introduced, Hernandez. Health care coverage: Managed Risk Medical Insurance Board. Existing law establishes the Managed Risk Medical Insurance Board and makes it responsible for administering the California Major Risk Medical Insurance Program to provide health care coverage to residents of the state who are unable to secure adequate coverage. This bill would require the board to establish a basic health plan pursuant to the federal Patient Protection and Affordable Care Act. Vote: majority. Appropriation: no. Fiscal committee: yes. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 12711.3 is added to the Insurance Code, to read: 12711.3. The board shall establish a basic health plan pursuant to the provisions of the federal Patient Protection and Affordable Care Act.