Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1252.207 - Liability of Previous Carrier A carrier of a health benefit plan that is being discontinued is liable only for any accrued liabilities regarding the plan and for any extension of benefits provided under the plan, regardless of whether the group policyholder or any other entity responsible for making payments or for submitting subscription charges to the carrier:
(1) replaces the coverage provided under the discontinued plan with health benefit plan coverage provided by another carrier;(2) self-insures a health benefit plan; or(3) does not provide health benefit plan coverage.Tex. Ins. Code § 1252.207
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. 4/1/2005.