Tex. Ins. Code Section 1508.260
Fund Administrator


(a)

The commissioner may obtain the services of an independent organization to administer the fund.

(b)

The commissioner shall establish guidelines for the submission of proposals by organizations for the purposes of administering the fund and may approve, disapprove, or recommend modification to the proposal of an applicant to administer the fund.

(c)

An organization approved to administer the fund shall submit reports to the commissioner, in the form and at the times required by the commissioner, as necessary to facilitate evaluation and ensure orderly operation of the fund, including an annual report of the affairs and operations of the fund. The annual report must also be delivered to the governor, the lieutenant governor, and the speaker of the house of representatives.

(d)

An organization approved to administer the fund shall maintain records in the form prescribed by the commissioner and make those records available for inspection by or at the request of the commissioner.

(e)

The commissioner shall determine the amount of compensation to be allocated to an approved organization as payment for fund administration. Compensation is payable only from the fund.

(f)

The commissioner may remove an organization approved to administer the fund from fund administration. An organization removed from fund administration under this subsection must cooperate in the orderly transition of services to another approved organization or to the commissioner.
Added by Acts 2009, 81st Leg., R.S., Ch. 721 (S.B. 78), Sec. 2.01, eff. September 1, 2009.

Source: Section 1508.260 — Fund Administrator, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­1508.­htm#1508.­260 (accessed May 26, 2025).

1501
Health Insurance Portability and Availability Act
1502
Health Benefit Plans for Children
1503
Coverage of Certain Students
1504
Medical and Dental Child Support
1505
Group Health Insurance Plans for Persons 65 Years of Age or Older
1507
Consumer Choice of Benefits Plans
1508.001
Purpose
1508.002
Definitions
1508.003
Rules
1508.051
Employer Eligibility to Participate
1508.052
Commissioner Adjustments Authorized
1508.053
Minimum Employer Participation Requirements
1508.054
Employer Contribution Requirements
1508.101
Participating Plan Issuers
1508.102
Preexisting Condition Provision Required
1508.103
Exception from Mandated Benefit Requirements
1508.104
Certain Coverage Prohibited or Required
1508.151
Employer Certification
1508.152
Application Process
1508.153
Employee Enrollment
1508.154
Reports
1508.201
Rating
1508.202
Premium Rate Development and Calculation
1508.203
Filing
1508.251
Establishment of Fund
1508.252
Operation of Fund
1508.253
Reimbursement Request Submission
1508.254
Fund Availability
1508.255
Program Reporting
1508.256
Claims Experience Data
1508.257
Total Eligible Enrollment Determination
1508.258
Evaluation and Protection of Fund
1508.259
Employer Enrollment Reactivation
1508.260
Fund Administrator
1508.261
Stop-loss Insurance
1508.262
Public Education and Outreach
1509
Short-term Limited-duration Insurance
1510.001
Definition
1510.002
Establishment of Temporary Health Insurance Risk Pool
1510.003
Purpose of Pool
1510.004
Provision of Guaranteed Issue Health Coverage
1510.005
Contracts and Agreements
1510.006
Funding
1510.007
Public Education and Outreach
1510.008
Waiver
1510.009
Additional Authority
1510.010
Rules
1510.011
Exemption from State Taxes and Fees
1510.012
Annual Report of Pool Activities
1510.013
Expiration of Chapter

Verified:
May 26, 2025

§ 1508.260. Fund Adm’r's source at texas​.gov