By: Creighton S.B. No. 979
(Meyer)
A BILL TO BE ENTITLED
AN ACT
relating to individual indemnity health insurance.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 1201.104(a), Insurance Code, is amended
to read as follows:
(a) For individual accident and health insurance policies,
the commissioner shall adopt rules establishing minimum standards
for benefits under each of the following categories of coverage:
(1) basic hospital expense;
(2) basic medical-surgical expense;
(3) hospital [confinement] indemnity or other fixed
indemnity;
(4) major medical expense;
(5) disability income protection;
(6) accident only;
(7) specified disease;
(8) specified accident; and
(9) limited benefit.
SECTION 2. Not later than January 1, 2016, the commissioner
of insurance shall adopt any rules necessary to implement Section
1201.104, Insurance Code, as amended by this Act.
SECTION 3. This Act takes effect immediately if it receives
a vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution. If this
Act does not receive the vote necessary for immediate effect, this
Act takes effect September 1, 2015.