Tex. Insurance Code § 1551.302
ALLOCATION OF EMPLOYER CONTRIBUTIONS
Texas · Texas Insurance Code · Status: effective
Cite this
- Citation
- Tex. Insurance Code § 1551.302, ALLOCATION OF EMPLOYER CONTRIBUTIONS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/682941
- Permanent ID
ys:prov:682941@1- SHA-256
7167d02156e3923a15790b9ce4f4bc521dbed68ca3af0fc1c3b7471ec661235f
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) The board of trustees may equitably allocate to each health benefit plan the employer contributions that would be required to fund basic health coverage for participants in the plans to the extent funds are available.
(b) In allocating the employer contributions among plans, the board of trustees shall consider the relevant risk characteristics of each plan's enrollment, including:
(1) demographic variations in the use and cost of health care; and
(2) prevailing cost patterns in the area in which the plan operates.
(c) The allocation must be reasonable and set in a manner that ensures participants a fair choice among health benefit plans providing a basic plan.
(d) The contribution set for each participant must be within the total amount appropriated in the General Appropriations Act.