Texas Insurance Code - Section 258.003. Maximum Rate; Annual Adjustment
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§ 258.003. MAXIMUM RATE; ANNUAL ADJUSTMENT. (a) The
rate of assessment set by the commissioner may not exceed $2 per
enrollee.
(b) The commissioner shall annually adjust the rate of
assessment of the per capita maintenance tax so that the tax imposed
that year, together with any unexpended funds produced by the tax,
produces the amount the commissioner determines is necessary to pay
the expenses during the succeeding year of regulating health
maintenance organizations.
(c) The rate of assessment may differ between basic health
care plans, limited health care service plans, and single health
care service plans and must equitably reflect any differences in
regulatory resources attributable to each type of plan.
Added by Acts 2003, 78th Leg., ch. 1274, § 1, eff. April 1, 2005.
Section: 256.004 257.001 257.002 257.003 257.004 258.001 258.002 258.003 258.004 258.005 259.001 259.002 259.003 259.004 259.005
Last modified: August 11, 2007
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