Texas Insurance Code

§ 562.054 — MISREPRESENTATION OF DISCOUNT HEALTH CARE PROGRAMS

IN § 562.054Title 5. PROTECTION OF CONSUMER INTERESTS · Part C. DECEPTIVE, UNFAIR, AND PROHIBITED PRACTICES · Ch. 562. UNFAIR METHODS OF COMPETITION AND · Art. B. UNFAIR METHODS OF COMPETITION AND

Statute text

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It is an unfair method of competition or an unfair or deceptive act or practice in the business of discount health care programs to misrepresent a discount health care program by:

(1)making an untrue statement of material fact;

(2)failing to state a material fact necessary to make other statements made not misleading, considering the circumstances under which the statements were made;

(3)making a statement in a manner that would mislead a reasonably prudent person to a false conclusion of a material fact;

(4)making a material misstatement of law; or

(5)failing to disclose a matter required by law to be disclosed, including failing to make an applicable disclosure required by this code.

Legislative history

Added by Acts 2009, 81st Leg., R.S., Ch. 1331 (H.B. 4341), Sec. 1, eff. September 1, 2009.