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Highlights 77th Texas Legislature - Senate

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INSURANCE<br />

77 th <strong>Texas</strong> <strong>Legislature</strong><br />

Requires the filing of a statement of the change no later than the 60 th day before the proposed effective<br />

date of the acquisition or change of control.<br />

Requires TDI to approve or deny any acquisition or change of control no later than the 60 th day after the<br />

statement is filed. However, the bill authorizes the waiver of the 60-day deadline.<br />

Provides for a public hearing by the commissioner of TDI in the case of a denial, to be held no later than<br />

the 60 th day after the denial.<br />

Short-Term Liability Insurance for Non-<strong>Texas</strong> Motorists - S.B. 693<br />

by Senator Lucio, et al.<br />

House Sponsors: Representative Gutierrez, et al.<br />

Authorizes the Commissioner of the <strong>Texas</strong> Department of Insurance to establish a program to provide for<br />

the sale of short-term liability insurance to non-<strong>Texas</strong> resident motorists.<br />

Requires the expansion of definition of “short-term liability insurance policy” to mean an insurance policy<br />

that is not insurance assigned to an authorized insurance company by the <strong>Texas</strong> Automobile Insurance<br />

Plan Association, among certain conditions.<br />

Compliance with the Health Insurance Portability and Accountability Act - S.B. 990<br />

by Senator Sibley<br />

House Sponsor: Representative Smithee<br />

Some of the state statutes regarding small and large employer health benefit plans do not comply with the<br />

federal Health Insurance Portability and Accountability Act of 1996.<br />

Amends the Insurance Code to provide that an individual who is a child of a covered employee who has<br />

lost coverage under the Social Security Act or the child health plan for certain low-income children is not a<br />

late enrollee for a small or large employer's health benefit plan if the request for enrollment is made not<br />

later than the 31st day after the date on which the child loses coverage<br />

Provides that an individual's short term limited duration coverage is creditable under the Health Insurance<br />

Portability and Availability Act.<br />

Specifies that an employee welfare benefit plan is subject to provisions regarding small employer health<br />

benefit plans if it provides health care benefits covering two or more eligible employees of a small<br />

employee. An employee welfare benefit plan is subject to provisions regarding large employer health<br />

benefit plans if the plan provides health care benefits to eligible employees of a large employer.<br />

Provides that the requirements for minimum inpatient stay in a health care facility and post delivery care<br />

following the birth of a child apply to small employer health benefit plans.<br />

<strong>Senate</strong> Research Center 172

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