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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The trustee may establish a group long-term care insurance program to provide long-term care insurance coverage for:
(1) an active employee or retiree;
(2) the spouse of an active employee or retiree, including a surviving spouse;
(3) a parent or grandparent of an active employee or retiree; and
(4) a parent of the spouse of an employee or retiree, including a parent of a surviving spouse.
(b) The trustee may not implement a group long-term care insurance program unless any cost or administrative burden associated with the development of, implementation of, or communications about the program is incidental.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 1576.002. Establishment of Program - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1576-002/
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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