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TX HB700

TX HB700
Relating to creation of the Texas Health Insurance Exchange; authorizing an assessment.


summary

Introduced
03/10/2023
In Committee
03/13/2023
Crossed Over
Passed
Dead
05/29/2023

Introduced Session

88th Legislature Regular Session

Bill Summary

Relating to creation of the Texas Health Insurance Exchange; authorizing an assessment.

AI Summary

This bill establishes the Texas Health Insurance Exchange as an American Health Benefit Exchange and a Small Business Health Options Program (SHOP) Exchange as authorized by the federal Affordable Care Act. The Exchange is governed by an 11-member board of directors appointed by the Governor, Lieutenant Governor, and Speaker of the House. The Exchange is empowered to oversee the operation of the health insurance marketplace, including setting rules, entering into contracts, sharing information, and administering subsidies and federal waivers. The bill also authorizes the Exchange to charge assessments on health plan issuers to cover its organizational and operating expenses.

Committee Categories

Health and Social Services

Sponsors (1)

Last Action

Left pending in committee (on 03/30/2023)

bill text


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