Texas Insurance Code - Section 101.055. Exception; Certain Entities That Reimburse Medical Expenses
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§ 101.055. EXCEPTION; CERTAIN ENTITIES THAT REIMBURSE
MEDICAL EXPENSES. (a) Section 101.051(b)(7) does not apply to:
(1) a program otherwise authorized by law that is
established:
(A) by a political subdivision of this state;
(B) by a state agency; or
(C) under Chapter 791, Government Code; or
(2) a multiple employer welfare arrangement that is
fully insured as defined by 29 U.S.C. Section 1144(b)(6).
(b) Notwithstanding Subsection (a)(2), the commissioner may
apply a law regulating the business of insurance to a multiple
employer welfare arrangement described by that subdivision to the
extent that the law provides:
(1) standards requiring the maintenance of specified
levels of contributions that the plan, or a trust established under
the plan, must meet to be considered able to pay benefits in full
when due; and
(2) provisions to enforce the standards described by
Subdivision (1).
Added by Acts 1999, 76th Leg., ch. 101, § 1, eff. Sept. 1, 1999.
Section: 101.002 101.003 101.004 101.051 101.052 101.053 101.054 101.055 101.101 101.102 101.103 101.104 101.105 101.106 101.151
Last modified: August 11, 2007
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