Sec. 1576.010. GROUP LONG-TERM CARE INSURANCE PROGRAM FUND. (a) The group long-term care insurance program fund is a trust fund with the comptroller.
(b) The trustee shall administer the fund on behalf of the participants in the plan of insurance coverage provided under this chapter.
(c) The following shall be credited to the fund:
(1) money recovered under contracts for providing insurance coverage under this chapter; and
(2) investment and depository income.
Added by Acts 2005, 79th Leg., Ch. 1359 (S.B. 1691), Sec. 47, eff. September 1, 2005.
Structure Texas Statutes
Title 8 - Health Insurance and Other Health Coverages
Subtitle H - Health Benefits and Other Coverages for Governmental Employees
Chapter 1576 - Group Long-Term Care Insurance for Public School Employees
Section 1576.002. Establishment of Program
Section 1576.003. Contracts to Provide Coverages
Section 1576.005. Program Not Part of Other Group Coverages
Section 1576.007. Exemption From State Taxes and Fees
Section 1576.008. Competitive Bidding Requirements; Rules
Section 1576.009. Contract Award; Considerations
Section 1576.010. Group Long-Term Care Insurance Program Fund
Section 1576.011. Investment of Fund