Texas Insurance Code
§ 842.251 — PLAN OF OPERATION
IN § 842.251Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part C. LIFE, HEALTH, AND ACCIDENT INSURERS AND RELATED ENTITIES · Ch. 842. GROUP HOSPITAL SERVICE CORPORATIONS · Art. F. PLAN OF OPERATION; PROVISION OF BENEFITS TO MEMBERS
Statute text
View on source(a)Before accepting applications for membership in its hospital service plan, a group hospital service corporation must submit to the commissioner a plan of operation. The plan of operation must be accompanied by a schedule of the dues to be charged to members and a statement of the amount of hospital services that the corporation contracts to provide.
(b)The commissioner must approve the plan of operation as fair and reasonable before the corporation may engage in business.
Legislative history
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.