Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES |
Subtitle C. LIFE, HEALTH, AND ACCIDENT INSURERS AND RELATED ENTITIES |
Chapter 846. MULTIPLE EMPLOYER WELFARE ARRANGEMENTS |
Subchapter E. PROVISION OF COVERAGE |
Sec. 846.201. BENEFITS ALLOWED
Latest version.
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(a) A multiple employer welfare arrangement may only provide one or more of the following:
(1) medical, dental, vision, surgical, or hospital care;
(2) benefits in the event of sickness, accident, disability, or death;
(3) another benefit authorized to be provided by health insurers in this state; and
(4) prepaid legal services.
(b) Except as otherwise limited by the Employee Retirement Income Security Act of 1974 (29 U.S.C. Section 1001 et seq.), a multiple employer welfare arrangement may only provide benefits to:
(1) active or retired owners, officers, directors, or employees of or partners in participating employers; and
(2) the beneficiaries of a person described by Subdivision (1).
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.