Tex. Ins. Code § 2054.601

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 2054.601 - Definition

In this subchapter, "alternative health benefit coverage" means health benefit coverage:

(1) provided by a subsidiary of the company that is not authorized to engage in the business of insurance in this state;

(2) offered only to:

(A) individuals;

(B) small businesses with not more than 250 full-time equivalent employees; or

(C) the company's policyholders or their employees; and

(3) that is not:

(A) provided through an insurance policy or other product the offering or issuance of which constitutes the business of insurance in this state; or

(B) benefit coverage subject to the laws governing workers' compensation in this state.

Tex. Ins. Code § 2054.601

Added by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 1019,Sec. 2, eff. 9/1/2021.