Texas § 4151.1042 RESPONSIBILITIES OF INSURER; AUDIT AND REVIEW REQUIREMENTS.

Texas Statutes

§ 4151.1042 — RESPONSIBILITIES OF INSURER; AUDIT AND REVIEW REQUIREMENTS.

Texas § 4151.1042

Code INInsurance Code

This text of Texas § 4151.1042 (RESPONSIBILITIES OF INSURER; AUDIT AND REVIEW 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. § 4151.1042 (2026).

Text

Sec. 4151.1042. RESPONSIBILITIES OF INSURER; AUDIT AND REVIEW REQUIREMENTS.

(a)If an insurer uses the services of an administrator, the insurer is responsible for determining the benefits, premium rates, reimbursement procedures, and claims payment procedures applicable to the coverage and for securing reinsurance, if any. The insurer shall provide a copy of the written requirements relating to those matters to the administrator. The responsibilities of the administrator as to any of those matters must be set forth in the written agreement between the administrator and the insurer.

(b)An insurer shall ensure competent administration of its programs.

(c)If an administrator administers benefits for more than 100 certificate holders, injured employees, plan participants, or policyholders o

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 4151.1042. RESPONSIBILITIES OF INSURER; AUDIT AND REVIEW REQUIREMENTS. (a) If an insurer uses the services of an administrator, the insurer is responsible for determining the benefits, premium rates, reimbursement procedures, and claims payment procedures applicable to the coverage and for securing reinsurance, if any. The insurer shall provide a copy of the written requirements relating to those matters to the administrator. The responsibilities of the administrator as to any of those matters must be set forth in the written agreement between the administrator and the insurer.
(b) An insurer shall ensure competent administration of its programs.
(c) If an administrator administers benefits for more than 100 certificate holders, injured employees, plan participants, or policyholders on behalf of an insurer, the insurer shall, at least semiannually, conduct a review of the operations of the administrator. At least biennially, the insurer shall conduct an audit of the operations of the administrator.

Legislative History

Added by Acts 2007, 80th Leg., R.S., Ch. 1176 (H.B. 472 ), Sec. 1.12, eff. September 1, 2007. Amended by: Acts 2025, 89th Leg., R.S., Ch. 54 (S.B. 1151 ), Sec. 1, eff. September 1, 2025. Acts 2025, 89th Leg., R.S., Ch. 54 (S.B. 1151 ), Sec. 2, eff. September 1, 2025.