A small employer health benefit plan issuer may use the industry classification to which a small employer belongs as a case characteristic in establishing the premium rate, but the highest rate factor associated with any industry classification may not exceed by more than 15 percent the lowest rate factor associated with any industry classification.
Tex. Ins. Code § 1501.208
PREMIUM RATES: INDUSTRY CLASSIFICATION
Known as the Health Insurance Portability and Availability Act
The act spans §§ 1501.001 to 1501.616 (129 sections).
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.