Bill > SB344

This bill establishes the Texas Health Insurance Exchange Authority to create, manage, and maintain the Texas Health Insurance Exchange. The authority is a public nonprofit corporation governed by a board of directors appointed by the governor, the insurance commissioner, and the executive commissioner of the Health and Human Services Commission. The authority is tasked with operating the exchange, educating consumers, assisting individuals in accessing income-based assistance, negotiating premium rates, standardizing plan designs, and aligning purchasing with other state agencies. The bill also authorizes the authority to establish premium assistance and cost-sharing reduction programs for eligible individuals, funded through a revolving fund. The bill requires the authority to comply with federal law, report annually, and undergo an independent audit. The bill provides for enforcement remedies and a transition period to establish the exchange.

Health and Social Services

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=88R&Bill=SB344