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Texas Insurance Code - INS § 848.152. Fees and Assessments

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

(a) The commissioner shall, within the limits prescribed by this section, prescribe the fees to be charged and the assessments to be imposed under this section.

(b) Amounts collected under this section shall be deposited to the credit of the Texas Department of Insurance operating account.

(c) A health care collaborative shall pay to the department:

(1) an application fee in an amount determined by commissioner rule; and

(2) an annual assessment in an amount determined by commissioner rule.

(d) The commissioner shall set fees and assessments under this section in an amount sufficient to pay the reasonable expenses of the department and attorney general in administering this chapter, including the direct and indirect expenses incurred by the department and attorney general in examining and reviewing health care collaboratives. Fees and assessments imposed under this section shall be allocated among health care collaboratives on a pro rata basis to the extent that the allocation is feasible.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 848.152. Fees and Assessments - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-848-152/

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