Texas Statutes
§ 1551.302 — ALLOCATION OF EMPLOYER CONTRIBUTIONS.
Texas § 1551.302
JurisdictionTexas
Code INInsurance Code
This text of Texas § 1551.302 (ALLOCATION OF EMPLOYER CONTRIBUTIONS.) 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. § 1551.302 (2026).
Text
Sec. 1551.302. ALLOCATION OF EMPLOYER CONTRIBUTIONS.
(a)The board of trustees may equitably allocate to each health benefit plan the employer contributions that would be required to fund basic health coverage for participants in the plans to the extent funds are available.
(b)In allocating the employer contributions among plans, the board of trustees shall consider the relevant risk characteristics of each plan's enrollment, including:
(1)demographic variations in the use and cost of health care; and
(2)prevailing cost patterns in the area in which the plan operates.
(c)The allocation must be reasonable and set in a manner that ensures participants a fair choice among health benefit plans providing a basic plan.
(d)The contribution set for each participant must be within the total am
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Legislative History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003.
Nearby Sections
15
§ 1551.001
SHORT TITLE.§ 1551.002
PURPOSES.§ 1551.003
GENERAL DEFINITIONS.§ 1551.004
DEFINITION OF DEPENDENT.§ 1551.005
DEFINITION OF HEALTH BENEFIT PLAN.§ 1551.007
DEFINITION OF CARRIER.§ 1551.008
APPLICABILITY OF DEFINITIONS.§ 1551.011
EXEMPTION FROM EXECUTION.§ 1551.012
EXEMPTION FROM STATE TAXES AND FEES.§ 1551.014
EXCLUSIVE REMEDIES.§ 1551.015
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Bluebook (online)
Texas § 1551.302, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/1551.302.