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 |
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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 |