Bill Text: TX SB501 | 2015-2016 | 84th Legislature | Introduced
Bill Title: Relating to availability of professional liability insurance under a self-insurance trust for health care.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2015-02-11 - Referred to Business & Commerce [SB501 Detail]
Download: Texas-2015-SB501-Introduced.html
84R974 PMO-D | ||
By: Burton | S.B. No. 501 |
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relating to availability of professional liability insurance under | ||
a self-insurance trust for health care. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. The heading to Section 2212.054, Insurance Code, | ||
is amended to read as follows: | ||
Sec. 2212.054. POWERS AND DUTIES OF TRUST. | ||
SECTION 2. Section 2212.054(a), Insurance Code, is amended | ||
to read as follows: | ||
(a) A trust may: | ||
(1) purchase, on behalf of the members of the | ||
association that created the trust or other persons who are | ||
licensed to practice medicine or dentistry in this state, [ |
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professional liability insurance, specific excess insurance, | ||
aggregate excess insurance, and reinsurance, as necessary in the | ||
opinion of the trustees; | ||
(2) purchase required risk management services; and | ||
(3) pay claims that arise under any deductible | ||
provisions. | ||
SECTION 3. Section 2212.054, Insurance Code, is amended by | ||
adding Subsection (c) to read as follows: | ||
(c) A trust may not make membership in the association that | ||
created the trust a condition of issuing a contract for | ||
professional liability insurance or other insurance to a person | ||
licensed to practice medicine or dentistry in this state. | ||
SECTION 4. This Act takes effect immediately if it receives | ||
a vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution. If this | ||
Act does not receive the vote necessary for immediate effect, this | ||
Act takes effect September 1, 2015. |