Texas Insurance Code - INS § 463.256. Alternative Policy

(1) be approved by the commissioner;

(2) provide coverage of a kind that the association determines is similar to the coverage of the policy issued by the impaired or insolvent insurer;

(3) contain at least the minimum provisions required by the statutes of this state;  and

(4) provide benefits that are not unreasonable in relation to the premium charged.

(1) must reflect:

(2) may not reflect any change in an insured's or enrollee's health occurring after the original policy was most recently underwritten.