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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) This chapter applies to any insurer, including a group hospital service corporation, any health maintenance organization, and any managed care organization that receives gross premiums or revenues subject to taxation under Section 222.002, including companies operating under Chapter 841, 842, 843, 861, 881, 882, 883, 884, 941, 942, 982, or 984, Insurance Code, Chapter 533, Government Code, or Title XIX of the federal Social Security Act.
(b) This chapter does not apply to:
(1) a fraternal benefit society, including a fraternal benefit society operating under Chapter 885;
(2) a local mutual aid association operating under Chapter 886; or
(3) a society that limits its membership to one occupation.
(c) For purposes of computing the tax imposed by this chapter, a managed care organization is treated in the same manner as a health maintenance organization.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 222.001. Applicability of Chapter - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-222-001/
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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