Sec. 1508.251. ESTABLISHMENT OF FUND. (a) To the extent that funds appropriated to the department are available for this purpose, the commissioner shall establish a fund from which health benefit plan issuers may receive reimbursement for claims paid by the health benefit plan issuers for individuals covered under qualifying group health plans.
(b) The fund established under this section shall be known as the healthy Texas small employer premium stabilization fund.
(c) The commissioner shall adopt rules necessary to implement and administer the fund, including rules that set out the procedures for operation of the fund and distribution of money from the fund.
Added by Acts 2009, 81st Leg., R.S., Ch. 721 (S.B. 78), Sec. 2.01, eff. September 1, 2009.
Section: Previous 1508.151 1508.152 1508.153 1508.154 1508.201 1508.202 1508.203 1508.251 1508.252 1508.253 1508.254 1508.255 1508.256 1508.257 1508.258 NextLast modified: September 28, 2016