Sec. 407A.351. RATES    


Latest version.
  • (a) Except as provided by Subsection (b), each group shall use the uniform classification system, experience rating plan, and rate relativities of the department.

    (b) A group may:

    (1) use the relativities promulgated by the department modified to produce rates in accordance with the group's historical experience; or

    (2) file its own rates with the department, including any reasonable and supporting information required by the commissioner.

    (c) As approved by the commissioner, a group may use rating debits or credits and optional rating plans.

    (d) Rates of the group may not be excessive, inadequate, or unfairly discriminatory.

Added by Acts 2003, 78th Leg., ch. 275, Sec. 1, eff. Sept. 1, 2003.