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Current as of January 01, 2024 | Updated by Findlaw Staff
Under a small employer health benefit plan:
(1) the index rate for a class of business may not exceed the index rate for any other class of business by more than 20 percent; and
(2) premium rates charged during a rating period to small employers in a class of business with similar case characteristics for the same or similar coverage, or premium rates that could be charged to those employers under the rating system for that class of business, may not vary from the index rate by more than 25 percent.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 1501.204. Index Rates - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1501-204/
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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