Sec. 1251.004. CERTAIN PAYMENTS BY INSURERS PROHIBITED. (a) Except as reimbursement for the cost of services that otherwise would have been provided by the insurer, an insurer may not pay to any individual, firm, corporation, or group entity a fee or allowance for services related to:
(1) a group accident and health insurance policy; or
(2) a blanket accident and health insurance policy.
(b) Subsection (a) does not limit an insurer's right to:
(1) pay dividends;
(2) return a premium to a group or a combination of groups;
(3) provide for a rate stabilization fund with combinations of groups; or
(4) pay compensation, including a commission, to a licensed agent.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.
Structure Texas Statutes
Title 8 - Health Insurance and Other Health Coverages
Subtitle B - Group Health Coverage
Chapter 1251 - Group and Blanket Health Insurance
Subchapter A. General Provisions
Section 1251.002. Certain Group Health Insurance Authorized
Section 1251.003. Certain Blanket Health Insurance Authorized
Section 1251.004. Certain Payments by Insurers Prohibited
Section 1251.005. Payment of Benefits