Bill Text: TX SB853 | 2013-2014 | 83rd Legislature | Enrolled


Bill Title: Relating to notice of a premium increase for certain health insurance policies.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2013-06-14 - Effective immediately [SB853 Detail]

Download: Texas-2013-SB853-Enrolled.html
 
 
  S.B. No. 853
 
 
 
 
AN ACT
  relating to notice of a premium increase for certain health
  insurance policies.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  The heading to Section 1201.109, Insurance Code,
  is amended to read as follows:
         Sec. 1201.109.  NOTICE OF RATE INCREASE FOR MAJOR MEDICAL
  EXPENSE INSURANCE POLICY.
         SECTION 2.  Section 1201.109, Insurance Code, is amended by
  amending Subsection (a) and adding Subsection (f) to read as
  follows:
         (a)  Not less than 60 days before the date on which a premium
  rate increase takes effect on an individual accident and health
  insurance policy that provides major medical expense coverage and
  that is delivered or issued for delivery in this state by an
  insurer, the insurer shall:
               (1)  give written notice to the insured of the
  effective date of the increase; and
               (2)  provide the insured a table that clearly lists:
                     (A)  the actual dollar amount of the premium on
  the date of the notice;
                     (B)  the actual dollar amount of the premium after
  the premium rate increase; and
                     (C)  the percentage change between the amounts
  described by Paragraphs (A) and (B).
         (f)  For purposes of this section, "major medical expense
  coverage" means an individual major medical expense insurance
  policy to which this chapter applies under Section 1201.003 that
  constitutes creditable coverage under Section 1205.004.
         SECTION 3.  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, 2013.
 
 
 
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
         I hereby certify that S.B. No. 853 passed the Senate on
  April 25, 2013, by the following vote:  Yeas 28, Nays 0.
 
 
  ______________________________
  Secretary of the Senate    
 
         I hereby certify that S.B. No. 853 passed the House on
  May 14, 2013, by the following vote:  Yeas 143, Nays 0, two
  present not voting.
 
 
  ______________________________
  Chief Clerk of the House   
 
 
 
  Approved:
 
  ______________________________ 
              Date
 
 
  ______________________________ 
            Governor
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