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Texas Insurance Code - INS § 2053.202. Establishment of Optional Deductible Plans

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

(a) The department shall require each insurance company writing workers' compensation insurance in this state to offer at least three optional deductible plans adopted under this section that allow a policyholder to self-insure for the amount of the deductible.

(b) The commissioner by rule shall allow an employer to enter into an agreement with an insurer for a negotiated deductible that exceeds the highest deductible available under a plan described by Subsection (a).

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 2053.202. Establishment of Optional Deductible Plans - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-2053-202/

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