Tex. Ins. Code § 2054.606
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Notwithstanding any other provision of this code, for the purposes of offering alternative health benefit coverage as described by Section 2054.601, a subsidiary of the company that acts in accordance with this subchapter is not an insurer and is not engaging in the business of insurance in this state.
Tex. Ins. Code § 2054.606