Sec. 101.055. EXCEPTION; CERTAIN ENTITIES THAT REIMBURSE MEDICAL EXPENSES. (a) Section 101.051(b)(7) does not apply to:
(1) a program otherwise authorized by law that is established:
(A) by a political subdivision of this state;
(B) by a state agency; or
(C) under Chapter 791, Government Code; or
(2) a multiple employer welfare arrangement that is fully insured as defined by 29 U.S.C. Section 1144(b)(6).
(b) Notwithstanding Subsection (a)(2), the commissioner may apply a law regulating the business of insurance to a multiple employer welfare arrangement described by that subdivision to the extent that the law provides:
(1) standards requiring the maintenance of specified levels of contributions that the plan, or a trust established under the plan, must meet to be considered able to pay benefits in full when due; and
(2) provisions to enforce the standards described by Subdivision (1).
Added by Acts 1999, 76th Leg., ch. 101, Sec. 1, eff. Sept. 1, 1999.
Structure Texas Statutes
Title 2 - Texas Department of Insurance
Subtitle B - Discipline and Enforcement
Chapter 101 - Unauthorized Insurance
Subchapter B. Business of Insurance; Exceptions
Section 101.051. Conduct That Constitutes the Business of Insurance
Section 101.052. Advertising Relating to Medicare Supplement Benefit Plans
Section 101.053. Application of Subchapter
Section 101.054. Exception; Full-Time Salaried Employee
Section 101.055. Exception; Certain Entities That Reimburse Medical Expenses