Sec. 846.156. WAIVER OR REDUCTION OF REQUIRED STOP-LOSS INSURANCE OR CASH RESERVES. On the application of a multiple employer welfare arrangement, the commissioner may waive or reduce the requirement for aggregate stop-loss insurance coverage and the amount of recommended cash reserves required by Section 846.154(a) on a determination that the interests of the participating employers and employees are adequately protected.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Structure Texas Statutes
Title 6 - Organization of Insurers and Related Entities
Subtitle C - Life, Health, and Accident Insurers and Related Entities
Chapter 846 - Multiple Employer Welfare Arrangements
Subchapter D. Powers and Duties of Multiple Employer Welfare Arrangements
Section 846.151. General Powers
Section 846.152. Filing of Organizational Documents
Section 846.153. Required Filings
Section 846.154. Cash Reserve Requirements
Section 846.155. Adjustment of Contributions
Section 846.156. Waiver or Reduction of Required Stop-Loss Insurance or Cash Reserves
Section 846.157. Renewal of Certificate; Additional Actuarial Review
Section 846.158. Examination of Multiple Employer Welfare Arrangements
Section 846.159. Name of Multiple Employer Welfare Arrangement