| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | By: Phillips H.B. No. 4213 | |
| 2 | 2 | ||
| 3 | 3 | ||
| 4 | 4 | A BILL TO BE ENTITLED | |
| 5 | 5 | AN ACT | |
| 6 | 6 | relating to the authorization of health benefit plans that do not | |
| 7 | 7 | contain state-mandated health benefits. | |
| 8 | 8 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 9 | 9 | SECTION 1. Chapter 1507, Insurance Code, is amended by | |
| 10 | 10 | adding Subchapter C to read as follows: | |
| 11 | 11 | SUBCHAPTER C. CATASTROPHIC PLANS | |
| 12 | 12 | Sec. 1507.100. CATASTROPHIC HEALTH BENEFIT PLANS. | |
| 13 | 13 | Notwithstanding Subchapters A and B or any existing requirement, a | |
| 14 | 14 | health carrier or health maintenance organization may offer a | |
| 15 | 15 | catastrophic health benefit plan that does not include | |
| 16 | 16 | state-mandated health benefits as described by 1507.003(a) and | |
| 17 | 17 | 1507.053(a). | |
| 18 | 18 | SECTION 2. The changes in law made by this Act apply only to | |
| 19 | 19 | a standard health benefit plan that is delivered, issued for | |
| 20 | 20 | delivery, or renewed on or after September 1, 2017. A policy | |
| 21 | 21 | delivered, issued for delivery, or renewed before September 1, | |
| 22 | 22 | 2017, is governed by the law as it existed immediately before the | |
| 23 | 23 | effective date of this Act, and that law is continued in effect for | |
| 24 | 24 | that purpose. | |
| 25 | 25 | SECTION 3. This Act takes effect September 1, 2017. |