Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 13. REGULATION OF PROFESSIONALS |
Subtitle D. OTHER PROFESSIONALS |
Chapter 4151. THIRD-PARTY ADMINISTRATORS |
Subchapter C. POWERS AND DUTIES OF ADMINISTRATORS AND INSURERS |
Sec. 4151.111. ADJUDICATION OF CLAIMS
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(a) An administrator shall adjudicate a claim not later than the 60th day after the date on which the administrator receives valid proof of loss in connection with the claim.
(b) The administrator shall pay each claim on a draft authorized by the insurer, plan, or plan sponsor in the written agreement.
(c) In the event of a conflict between this section and a provision of the Labor Code relating to time periods for adjudication and payment of workers' compensation claims, the Labor Code provision prevails.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. April 1, 2005. Amended by: Acts 2007, 80th Leg., R.S., Ch. 1176 , Sec. 1.13, eff. September 1, 2007.