Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 8. HEALTH INSURANCE AND OTHER HEALTH COVERAGES |
Subtitle B. GROUP HEALTH COVERAGE |
Chapter 1251. GROUP AND BLANKET HEALTH INSURANCE |
Subchapter C. GROUP ACCIDENT AND HEALTH INSURANCE: REQUIRED PROVISIONS |
Sec. 1251.109. ADJUSTMENT OF PREMIUMS OR BENEFITS IF AGE OF INSURED IS MISSTATED
Latest version.
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(a) A group accident and health insurance policy under which the premiums or benefits vary by age must specify an equitable adjustment of premiums or benefits, or both, to be made if the age of an insured has been misstated.
(b) The provision required by Subsection (a) must contain a clear statement of the method of adjustment to be used.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.