Texas Statutes
§ 1683.007 — ACTUARIAL SOUNDNESS.
Texas § 1683.007
JurisdictionTexas
Code INInsurance Code
This text of Texas § 1683.007 (ACTUARIAL SOUNDNESS.) 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. § 1683.007 (2026).
Text
Sec. 1683.007. ACTUARIAL SOUNDNESS.
(a)A postsecondary educational institution that offers higher education health benefits under this chapter shall administer the benefits in a manner that is actuarially sound.
(b)The postsecondary educational institution shall ensure the higher education health benefits offered by the postsecondary educational institution are actuarially sound by:
(1)obtaining an actuarial opinion from an actuary who is a fellow of the Society of Actuaries or a member of the American Academy of Actuaries that recommends the amount of cash reserves and the level of specific and aggregate stop-loss insurance the postsecondary educational institution should maintain for purposes of administering the benefits; and
(2)maintaining the levels of cash reserves and stop-loss
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Legislative History
Added by Acts 2025, 89th Leg., R.S., Ch. 16 (S.B. 1409 ), Sec. 2, eff. May 13, 2025.
Nearby Sections
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Bluebook (online)
Texas § 1683.007, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/1683.007.