Tex. Ins. Code Section 101.055
Exception; Certain Entities that Reimburse Medical Expenses

(a)

Section 101.051 (Conduct that Constitutes the Business of Insurance)(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 (Interlocal Cooperation Contracts), 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, Sec. 1, eff. Sept. 1, 1999.

Source: Section 101.055 — Exception; Certain Entities that Reimburse Medical Expenses, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­101.­htm#101.­055 (accessed Apr. 20, 2024).

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Accessed:
Apr. 20, 2024

§ 101.055’s source at texas​.gov