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Texas Insurance Code - INS § 1214.003. Rate Information Disclaimers

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) Subject to Chapter 541 and Section 543.001, an advertisement for a health benefit plan may include rate information without including information about each benefit exclusion or limitation if the advertisement includes prominent disclaimers clearly indicating that:

(1) the rates are illustrative;

(2) a person should not send money to the health benefit plan issuer in response to the advertisement;

(3) a person cannot obtain coverage under the plan until the person completes an application for coverage; and

(4) benefit exclusions or limitations may apply to the plan.

(b) An advertisement that states a rate must also indicate the age, gender, and geographic location on which the rate is based.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 1214.003. Rate Information Disclaimers - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1214-003/

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