Texas § 1501.313 RESCISSION OF APPROVAL TO OPERATE AS RISK-ASSUMING HEALTH BENEFIT PLAN ISSUER.

Texas Statutes

§ 1501.313 — RESCISSION OF APPROVAL TO OPERATE AS RISK-ASSUMING HEALTH BENEFIT PLAN ISSUER.

Texas § 1501.313

Code INInsurance Code

This text of Texas § 1501.313 (RESCISSION OF APPROVAL TO OPERATE AS RISK-ASSUMING HEALTH BENEFIT PLAN ISSUER.) 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. § 1501.313 (2026).

Text

Sec. 1501.313. RESCISSION OF APPROVAL TO OPERATE AS RISK-ASSUMING HEALTH BENEFIT PLAN ISSUER. The commissioner, after notice and hearing, may rescind approval to operate as a risk-assuming health benefit plan issuer if the commissioner finds that the issuer:

(1)is not financially able to support the assumption of risk from issuing coverage to small employers without the protection provided by the system;

(2)has failed to market fairly to all small employers in the state or in the issuer's established geographic service area; or

(3)has failed to provide coverage to eligible small employers.

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Sec. 1501.313. RESCISSION OF APPROVAL TO OPERATE AS RISK-ASSUMING HEALTH BENEFIT PLAN ISSUER. The commissioner, after notice and hearing, may rescind approval to operate as a risk-assuming health benefit plan issuer if the commissioner finds that the issuer:
(1) is not financially able to support the assumption of risk from issuing coverage to small employers without the protection provided by the system;
(2) has failed to market fairly to all small employers in the state or in the issuer's established geographic service area; or
(3) has failed to provide coverage to eligible small employers.