Section 91.041 - Employee Benefit Plans; Required Disclosure; Other Reports(a) A client and license holder are each considered an employer under the laws of this state for purposes of sponsoring retirement and welfare benefit plans for covered employees.(a-1) A license holder may sponsor a single welfare benefit plan under which eligible covered employees of one or more clients may elect to participate.(a-2) A fully insured welfare benefit plan offered to the covered employees of a license holder and provided by an insurance company authorized to provide that insurance in this state or a self-funded health benefit plan sponsored by a license holder as provided by Section 91.0411 shall be treated for purposes of state law as a single employer welfare benefit plan.(b) With respect to any insurance or benefit plan provided by a license holder for the benefit of its assigned employees, a license holder shall disclose the following information to the department, each client, and its covered employees:(1) the type of coverage;(2) the identity of each insurer for each type of coverage;(3) the amount of benefits provided for each type of coverage and to whom or in whose behalf benefits are to be paid;(4) the policy limits on each insurance policy; and(5) whether the coverage is fully insured, partially insured, or fully self-funded.(c) The commission by rule may require a license holder to file other reports that are reasonably necessary for the implementation of this chapter.Amended by Acts 2013, 83rd Leg. - Regular Session, ch. 117,Sec. 15, eff. 9/1/2013.Amended By Acts 2003, 78th Leg., ch. 816, Sec. 14.009, eff. 9/1/2003.Amended by Acts 1997, 75th Leg., ch. 1379, Sec. 16, eff. 9/1/1997Added by Acts 1995, 74th Leg., ch. 76, Sec. 9.20(a), eff. 9/1/1995.