Insurance Code § 1501.311 — United States — Texas law | Esheria

Insurance Code § 1501.311

The commissioner must establish an application process for certain issuers changing status. A reinsured health benefit plan issuer that changes to a risk-assuming status may not keep reinsuring a small employer health benefit plan with the system, and must pay a prorated assessment for the time the business was reinsur

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Jurisdiction
United States — Texas
Instrument
Code
Version
Undated source snapshot
Language
en
Official source
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application process assessment reinsurance

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Statute overview

About this statute

The commissioner must establish an application process for certain issuers changing status. A reinsured health benefit plan issuer that changes to a risk-assuming status may not keep reinsuring a small employer health benefit plan with the system, and must pay a prorated assessment for the time the business was reinsured.

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