Bill Text: TX HB351 | 2023-2024 | 88th Legislature | Engrossed


Bill Title: Relating to the provision of workers' compensation insurance and group accident and health insurance together in a packaged plan.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Engrossed - Dead) 2023-05-08 - Received from the House [HB351 Detail]

Download: Texas-2023-HB351-Engrossed.html
 
 
  By: Bell of Montgomery H.B. No. 351
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the provision of workers' compensation insurance and
  group accident and health insurance together in a packaged plan.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subtitle E, Title 10, Insurance Code, is amended
  by adding Chapter 2056 to read as follows:
  CHAPTER 2056. PACKAGED PLAN OF WORKERS' COMPENSATION AND ACCIDENT
  AND HEALTH INSURANCE
         Sec. 2056.001.  DEFINITIONS. In this chapter:
               (1)  "Packaged plan" means a plan offering a workers'
  compensation insurance policy together with a group accident and
  health insurance policy as described in Section 2056.002.
               (2)  "Workers' compensation insurance company" means a
  stock company, mutual insurance company, reciprocal or
  interinsurance exchange, or Lloyd's plan authorized to engage in
  the business of workers' compensation insurance in this state.
         Sec. 2056.002.  CONTRACT WITH ACCIDENT AND HEALTH INSURANCE
  COMPANY TO PROVIDE PACKAGED PLAN. (a) A workers' compensation
  insurance company may contract with an accident and health
  insurance company to offer to employers a workers' compensation
  insurance policy and a group accident and health insurance policy
  together in one packaged plan under which employees and their
  dependents are eligible for major medical expense coverage and
  employees are covered by workers' compensation insurance.
         (b)  Nothing in this chapter authorizes a workers'
  compensation insurance company to underwrite group accident and
  health insurance policies.
         (c)  A group accident and health insurance policy offered as
  part of a packaged plan must be provided by an entity that is
  authorized to write group accident and health insurance and is
  separate from the workers' compensation insurance company.
         (d)  To the extent employees contribute to the premiums for
  group accident and health coverage provided under a packaged plan
  offered under this section, those contributions must exclude any
  portion of the premiums allocated to the provision of workers'
  compensation insurance.
         (e)  Notwithstanding any other provision of this chapter, an
  accident and health insurance company or workers' compensation
  insurance company that contracts to provide a packaged plan under
  this chapter is subject to the requirements imposed on an insurance
  company under this code for the company's respective lines of
  insurance, including the payment of premium and maintenance taxes,
  maintenance of reserves, and membership in a guaranty association.
         Sec. 2056.003.  RULES. The commissioner shall adopt rules
  as necessary to implement this chapter.
         SECTION 2.  Chapter 2056, Insurance Code, as added by this
  Act, applies only to a workers' compensation insurance policy and a
  group accident and health insurance policy delivered, issued for
  delivery, or renewed on or after January 1, 2024.
         SECTION 3.  This Act takes effect September 1, 2023.
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