Old | New | Differences | |
---|---|---|---|
1 | 1 | 81R7766 PMO-D | |
2 | 2 | By: Davis, Wendy S.B. No. 1155 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | A BILL TO BE ENTITLED | |
6 | 6 | AN ACT | |
7 | 7 | relating to certain content requirements for an insurance consumer | |
8 | 8 | information website. | |
9 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
10 | 10 | SECTION 1. Section 524.003, Insurance Code, is amended by | |
11 | 11 | adding Subsection (c) to read as follows: | |
12 | 12 | (c) The department shall post on the Internet website | |
13 | 13 | developed under Subsection (a) a comparison of insurers' medical | |
14 | 14 | loss ratios, profit margins, average premium increases, | |
15 | 15 | administrative costs, and surplus amounts in a manner prescribed by | |
16 | 16 | rules adopted by the commissioner. | |
17 | 17 | SECTION 2. This Act takes effect September 1, 2009. |