Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 8. HEALTH INSURANCE AND OTHER HEALTH COVERAGES |
Subtitle H. HEALTH BENEFITS AND OTHER COVERAGES FOR GOVERNMENTAL EMPLOYEES |
Chapter 1551. TEXAS EMPLOYEES GROUP BENEFITS ACT |
Subchapter B. ADMINISTRATION AND IMPLEMENTATION |
Sec. 1551.056. INDEPENDENT ADMINISTRATOR
Latest version.
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(a) The board of trustees may, on a competitive bid basis, contract with an entity to act for the board as an independent administrator or manager of the coverages, services, and benefits authorized under this chapter.
(b) The entity must be a qualified, experienced firm of group insurance specialists or an administering firm and shall assist the board of trustees in ensuring the proper administration of this chapter and the coverages, services, and benefits provided for or authorized by this chapter.
(c) The board of trustees shall pay an independent administrator selected under this section.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003.