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Texas Insurance Code - INS § 1601.204. Authorization of Employee Deduction

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

(a) Except for a participant who participates in a cafeteria plan, each individual eligible to participate in the uniform program under Section 1601.101 must authorize a deduction from the participant's monthly compensation in an amount equal to the difference between:

(1) the total cost for coverages for which the participant applies; and

(2) the amount contributed by the system.

(b) The authorization must be:

(1) in writing or performed electronically; and

(2) in a form satisfactory to the system.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 1601.204. Authorization of Employee Deduction - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1601-204/

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