Ins. Code Section 541.058
Certain Practices Not Considered Discrimination or Inducement
(a)In this section:
(1)“Health-related services” means services that are available in connection with an accident and health insurance policy or certificate or an evidence of coverage and that are directed to an individual’s health improvement or maintenance.
(2)“Health-related information” means that information that is directed to an individual’s health improvement or maintenance or to costs associated with particular options available in connection with an accident and health insurance policy or certificate or an evidence of coverage.
(b)It is not a rebate or discrimination prohibited by Section 541.056 (Prohibited Rebates and Inducements)(a) or 541.057 (Unfair Discrimination in Life Insurance and Annuity Contracts):
(1)for a life insurance or life annuity contract, to pay a bonus to a policyholder or otherwise abate the policyholder’s premiums in whole or in part out of surplus accumulated from nonparticipating insurance policies if the bonus or abatement:
(A)is fair and equitable to policyholders; and
(B)is in the best interests of the insurer and its policyholders;
(2)for a life insurance policy issued on the industrial debit plan, to make to a policyholder who has continuously for a specified period made premium payments directly to the insurer’s office an allowance in an amount that fairly represents the saving in collection expenses;
(3)for a group insurance policy, to readjust the rate of premium based on the loss or expense experience under the policy at the end of a policy year if the adjustment is retroactive for only that policy year;
(4)for a life annuity contract, to waive surrender charges under the contract when the contract holder exchanges that contract for another annuity contract issued by the same insurer or an affiliate of the same insurer that is part of the same holding company group if:
(A)the waiver and the exchange are fully, fairly, and accurately explained to the contract holder in a manner that is not deceptive or misleading; and
(B)the contract holder is given credit for the time that the previous contract was held when determining any surrender charges under the new contract;
(5)in connection with an accident and health insurance policy, to provide to policy or certificate holders, in addition to benefits under the terms of the insurance contract, health-related services or health-related information, or to disclose the availability of those additional services and information to prospective policy or certificate holders;
(6)in connection with a health maintenance organization evidence of coverage, to provide to enrollees, in addition to benefits under the evidence of coverage, health-related services or health-related information, or to disclose the availability of those additional services and information to prospective enrollees or contract holders; or
(7)in connection with an offer or sale of a life insurance policy or contract, accident and health insurance policy or contract, or annuity contract, to give, provide, or allow or offer to give, provide, or allow an item that is a promotional advertising item, educational item, or traditional courtesy commonly extended to consumers and that is valued at $25 or less.
Section 541.058 — Certain Practices Not Considered Discrimination or Inducement,
https://statutes.capitol.texas.gov/Docs/IN/htm/IN.541.htm#541.058 (accessed Nov. 25, 2023).