Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 8. HEALTH INSURANCE AND OTHER HEALTH COVERAGES |
Subtitle G. HEALTH COVERAGE AVAILABILITY |
Chapter 1506. TEXAS HEALTH INSURANCE POOL |
Subchapter C. POWERS AND DUTIES OF POOL |
Sec. 1506.107. CONTRACTS
Latest version.
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(a) The pool may enter into a contract that is necessary to carry out this chapter, including, with the approval of the commissioner, a contract with:
(1) a similar pool in another state for the joint performance of common administrative functions; or
(2) another organization for the performance of administrative functions.
(b) The pool may contract for stop-loss insurance for risks incurred by the pool.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.