Sec. 2054.601. DEFINITION. In this subchapter, "alternative health benefit coverage" means health benefit coverage:
(1) provided by a subsidiary of the company that is not authorized to engage in the business of insurance in this state;
(2) offered only to:
(A) individuals;
(B) small businesses with not more than 250 full-time equivalent employees; or
(C) the company's policyholders or their employees; and
(3) that is not:
(A) provided through an insurance policy or other product the offering or issuance of which constitutes the business of insurance in this state; or
(B) benefit coverage subject to the laws governing workers' compensation in this state.
Added by Acts 2021, 87th Leg., R.S., Ch. 1019 (H.B. 3752), Sec. 2, eff. September 1, 2021.
Structure Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle E - Workers' Compensation Insurance
Chapter 2054 - Texas Mutual Insurance Company
Subchapter M. Subsidiaries Authorized to Provide Health Benefit Coverage
Section 2054.602. Health Benefit Coverage Offered by Subsidiary Authorized
Section 2054.605. Exemption From Other Insurance Laws
Section 2054.606. Subsidiary Not Engaged in Business of Insurance