| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 81R9590 PMO-D | |
| 2 | 2 | By: Eiland H.B. No. 1856 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | A BILL TO BE ENTITLED | |
| 6 | 6 | AN ACT | |
| 7 | 7 | relating to requiring insurers to offer conversion of group | |
| 8 | 8 | policies. | |
| 9 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 10 | 10 | SECTION 1. Sections 121.256(a) and (b), Insurance Code, are | |
| 11 | 11 | amended to read as follows: | |
| 12 | 12 | (a) An insurer shall [may] offer a conversion policy to each | |
| 13 | 13 | employee, member, or dependent who is covered under a group | |
| 14 | 14 | accident and health insurance policy that is terminating. | |
| 15 | 15 | (b) An [If offered, an] issuer shall issue a conversion | |
| 16 | 16 | policy without evidence of insurability if a written application | |
| 17 | 17 | for the policy and payment of the first premium are made not later | |
| 18 | 18 | than the 31st day after the date of termination. | |
| 19 | 19 | SECTION 2. This Act applies only to an insurance policy or | |
| 20 | 20 | contract or evidence of coverage that is delivered, issued for | |
| 21 | 21 | delivery, or renewed on or after January 1, 2010. An insurance | |
| 22 | 22 | policy or contract or evidence of coverage delivered, issued for | |
| 23 | 23 | delivery, or renewed before January 1, 2010, is governed by the law | |
| 24 | 24 | as it existed immediately before the effective date of this Act, and | |
| 25 | 25 | that law is continued in effect for that purpose. | |
| 26 | 26 | SECTION 3. This Act takes effect September 1, 2009. |