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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Except as provided by Section 1501.155, coverage is available under a small employer health benefit plan if at least 75 percent of a small employer's eligible employees elect to participate in the plan.
(b) If a small employer offers multiple health benefit plans, the collective participation in those plans must be at least:
(1) 75 percent of the employer's eligible employees; or
(2) if applicable, the lower participation level offered by the small employer health benefit plan issuer under Section 1501.155.
(c) A small employer health benefit plan issuer may elect not to offer a health benefit plan to a small employer that offers multiple health benefit plans if:
(1) the plans are provided by more than one issuer; and
(2) the issuer would have less than 75 percent of the employer's eligible employees enrolled in the issuer's plan.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 1501.154. Minimum Participation Requirement - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1501-154/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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