Tex. Ins. Code § 1501.310 · Subchapter G. REINSURANCE FOR SMALL EMPLOYER HEALTH BENEFIT PLANS
ELECTION OF STATUS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Each small employer health benefit plan issuer shall notify the commissioner of the issuer's election to operate as a risk-assuming health benefit plan issuer or as a reinsured health benefit plan issuer. An issuer that elects to operate as a risk-assuming health benefit plan issuer shall file an application in accordance with Section 1501.312.
(b) A small employer health benefit plan issuer's election under this section is effective until the fifth anniversary of the date of the election.
(c) The commissioner may permit a small employer health benefit plan issuer to modify its election at any time for good cause shown.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1501.htm
- Text hash
- sha256 6469e5699a6130a045c3b0b69847bb8b925f972f312109c4524dc97f24a09286
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
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