Texas § 1501.311 CHANGE IN STATUS.

Texas Statutes

§ 1501.311 — CHANGE IN STATUS.

Texas § 1501.311

Code INInsurance Code

This text of Texas § 1501.311 (CHANGE IN STATUS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Insurance Code Code Ann. § 1501.311 (2026).

Text

Sec. 1501.311. CHANGE IN STATUS.

(a)The commissioner shall establish an application process for a small employer health benefit plan issuer that elects to change its status under this subchapter.

(b)A reinsured health benefit plan issuer that elects to change its status to operate as a risk-assuming health benefit plan issuer may not continue to reinsure a small employer health benefit plan with the system. The issuer shall pay a prorated assessment based on business issued as a reinsured health benefit plan issuer for the portion of the year the business was reinsured.

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Sec. 1501.311. CHANGE IN STATUS. (a) The commissioner shall establish an application process for a small employer health benefit plan issuer that elects to change its status under this subchapter.
(b) A reinsured health benefit plan issuer that elects to change its status to operate as a risk-assuming health benefit plan issuer may not continue to reinsure a small employer health benefit plan with the system. The issuer shall pay a prorated assessment based on business issued as a reinsured health benefit plan issuer for the portion of the year the business was reinsured.