Definition

Sec. 2054.601. DEFINITION. In this subchapter, "alternative health benefit coverage" means health benefit coverage: (1) provided by a subsidiary of the company that is not authorized to engage in the business of insurance in this state; (2) offered only to: (A) individuals; (B) small businesses with not more than 250 full-time equivalent employees; or (C) the company's policyholders or their employees; and (3) that is not: (A) provided through an insurance policy or other product the offering or issuance of which constitutes the business of insurance in this state; or (B) benefit coverage subject to the laws governing workers' compensation in this state. Added by Acts 2021, 87th Leg., R.S., Ch. 1019 (H.B. 3752), Sec. 2, eff. September 1, 2021.