Tex. Ins. Code § 2203.251 · Subchapter F. FINANCIAL PARTICIPATION BY MEMBERS AND POLICYHOLDERS
DEFICIT RECOUPMENT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) This section applies to a deficit sustained in a single year by the association with respect to:
(1) physicians and health care providers, other than nursing homes and assisted living facilities; or
(2) a nursing home or assisted living facility.
(b) The deficit must be recouped in accordance with the plan of operation and the rating plan in effect when the deficit is sustained under one or more of the following procedures, in this sequence:
(1) a contribution from the policyholder's stabilization reserve fund established under Section 2203.301 or the policyholder's stabilization reserve fund established under Section 2203.303, as appropriate, until the respective fund is exhausted;
(2) an assessment on the policyholders in accordance with Section 2203.252; or
(3) an assessment on the members in accordance with Sections 2203.055(c) and (d) and 2203.253.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2203.htm
- Text hash
- sha256 c8feaf88abe4579ca9f39c583669091016c0b1243b324c2383411cbe7bef233c
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Insurance Code
- Tex. Ins. Code § 2203.055JOINT UNDERWRITING ASSOCIATION MEMBERSHIP.Printed as Sections 2203.055(c)
- Tex. Ins. Code § 2203.252ASSESSMENT OF POLICYHOLDERS FOR DEFICIT RECOUPMENT.Printed as Section 2203.252
- Tex. Ins. Code § 2203.301POLICYHOLDER'S STABILIZATION RESERVE FUND FOR PHYSICIANS AND CERTAIN HEALTH CARE PROVIDERS.Printed as Section 2203.301
- Tex. Ins. Code § 2203.303POLICYHOLDER'S STABILIZATION RESERVE FUND FOR NURSING HOMES AND ASSISTED LIVING FACILITIES.Printed as Section 2203.303
Cited by 1 provision
Provisions in this library whose text cites Tex. Ins. Code § 2203.251. Each shows the citation as that text prints it.
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