Texas § 1501.354 REQUIRED DISCLOSURES.

Texas Statutes

§ 1501.354 — REQUIRED DISCLOSURES.

Texas § 1501.354

Code INInsurance Code

This text of Texas § 1501.354 (REQUIRED DISCLOSURES.) 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. § 1501.354 (2026).

Text

Sec. 1501.354. REQUIRED DISCLOSURES.

(a)In connection with offering a small employer health benefit plan for sale, each small employer health benefit plan issuer and agent shall make a reasonable disclosure, as part of its solicitation and sales materials, of:

(1)the extent to which premium rates for a specific small employer are established or adjusted based on the actual or expected variation in:

(A)claim costs; or

(B)health status of the employer's employees and their dependents;

(2)provisions concerning the issuer's right to change premium rates and factors other than claims experience that affect changes in premium rates;

(3)provisions relating to renewability of policies and contracts; and

(4)any preexisting condition provisions.

(b)On request by a small employer, each small

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Sec. 1501.354. REQUIRED DISCLOSURES. (a) In connection with offering a small employer health benefit plan for sale, each small employer health benefit plan issuer and agent shall make a reasonable disclosure, as part of its solicitation and sales materials, of:
(1) the extent to which premium rates for a specific small employer are established or adjusted based on the actual or expected variation in:
(A) claim costs; or
(B) health status of the employer's employees and their dependents;
(2) provisions concerning the issuer's right to change premium rates and factors other than claims experience that affect changes in premium rates;
(3) provisions relating to renewability of policies and contracts; and
(4) any preexisting condition provisions.
(b) On request by a small employer, each small employer health benefit plan issuer shall disclose the benefits and premiums available under all small employer coverage for which the employer is qualified.
(c) A small employer health benefit plan issuer is not required to disclose information to a small employer that is proprietary or trade secret information under applicable law.
(d) Information provided under this section to a small employer must be provided in a manner that is:
(1) understandable by the average small employer; and
(2) sufficient to reasonably inform a small employer of its rights and obligations under a small employer health benefit plan.