Bill
Bill > HB1129
TX HB1129
TX HB1129Relating to the creation of a health insurance risk pool for certain health benefit plan enrollees; authorizing an assessment.
summary
Introduced
12/29/2022
12/29/2022
In Committee
03/02/2023
03/02/2023
Crossed Over
Passed
Dead
05/29/2023
05/29/2023
Introduced Session
88th Legislature Regular Session
Bill Summary
Relating to the creation of a health insurance risk pool for certain health benefit plan enrollees; authorizing an assessment.
AI Summary
This bill creates a health insurance risk pool in Texas to provide a reinsurance mechanism to reduce individual market health insurance premiums and increase enrollment in guaranteed issue coverage. The bill authorizes the state insurance commissioner to apply for a federal waiver and establish the risk pool, which would be governed by a nine-member board of directors. The pool would be funded through assessments on health benefit plan issuers, and the board would be required to report annually on the pool's activities and impact on premiums and enrollment.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Referred to Insurance (on 03/02/2023)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://capitol.texas.gov/BillLookup/History.aspx?LegSess=88R&Bill=HB1129 |
| BillText | https://capitol.texas.gov/tlodocs/88R/billtext/html/HB01129I.htm |
Loading...