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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The trustee may adopt rules, plans, procedures, and orders reasonably necessary to implement this chapter, including:
(1) minimum benefit and financing standards for group coverage for retirees, dependents, surviving spouses, and surviving dependent children;
(2) group coverage for retirees, dependents, surviving spouses, and surviving dependent children;
(3) procedures for contributions and deductions;
(4) periods for enrollment and selection of coverage and procedures for enrolling and exercising options under the group program;
(5) procedures for claims administration;
(6) procedures to administer the fund; and
(7) a timetable for:
(A) developing minimum benefit and financial standards for group coverage;
(B) establishing health benefit plans offered under the group program; and
(C) taking bids and awarding contracts for health benefit plans offered under the group program.
(b) The trustee may:
(1) study the operation of all group coverage provided under this chapter; and
(2) contract for advice and counsel in implementing and administering the group program with independent and experienced group insurance consultants and actuaries.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 1575.052. Authority to Adopt Rules and Procedures; Other Authority - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1575-052/
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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