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 | |
|
|
||
|
|
||
| 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. | ||
