Tex. Ins. Code § 1201.0601
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
An individual or group specified disease insurance policy that uses the term "actual charge" or "actual fee" must define the terms as follows:
"Actual charge" or "actual fee" means the amount actually paid by or on behalf of the insured and accepted by a provider for services provided.
Tex. Ins. Code § 1201.0601