Texas § 2155.008 SELF-INSURANCE FEE; COST-SHARING REQUIREMENTS.

Texas Statutes

§ 2155.008 — SELF-INSURANCE FEE; COST-SHARING REQUIREMENTS.

Texas § 2155.008

Code INInsurance Code

This text of Texas § 2155.008 (SELF-INSURANCE FEE; COST-SHARING REQUIREMENTS.) 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. § 2155.008 (2026).

Text

Sec. 2155.008. SELF-INSURANCE FEE; COST-SHARING REQUIREMENTS.

(a)The service may assess and collect a reasonable fee from participating CIPBMs to provide self-insurance coverage under this chapter. The service shall also establish reasonable cost-sharing requirements, including appropriate deductibles.

(b)In establishing the amount of the fee and the cost-sharing requirements, the service shall consider the amount that could be charged to the CIPBM for similar insurance coverage provided to that CIPBM in accordance with this code and ensure that a deductible is sufficiently high to:

(1)deter the use of the self-insurance coverage for minor losses; and

(2)ensure the self-insurance coverage is used only for significant losses.

(c)The service shall adjust the amount of a premium for the

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Sec. 2155.008. SELF-INSURANCE FEE; COST-SHARING REQUIREMENTS. (a) The service may assess and collect a reasonable fee from participating CIPBMs to provide self-insurance coverage under this chapter. The service shall also establish reasonable cost-sharing requirements, including appropriate deductibles.
(b) In establishing the amount of the fee and the cost-sharing requirements, the service shall consider the amount that could be charged to the CIPBM for similar insurance coverage provided to that CIPBM in accordance with this code and ensure that a deductible is sufficiently high to:
(1) deter the use of the self-insurance coverage for minor losses; and
(2) ensure the self-insurance coverage is used only for significant losses.
(c) The service shall adjust the amount of a premium for the self-insurance coverage under this chapter by using the information collected under Section 2155.009 .
(d) Money collected under this section shall be deposited to the credit of the fund.