Tex. Insurance Code § 1214.003

This is the official text of Tex. Insurance Code § 1214.003, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.

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§ 1214.003. RATE INFORMATION DISCLAIMERS.

Official statutory text

(a) Subject to Chapter 541 and Section 543.001, an advertisement for a health benefit plan may include rate information without including information about each benefit exclusion or limitation if the advertisement includes prominent disclaimers clearly indicating that:

(1) the rates are illustrative;

(2) a person should not send money to the health benefit plan issuer in response to the advertisement;

(3) a person cannot obtain coverage under the plan until the person completes an application for coverage; and

(4) benefit exclusions or limitations may apply to the plan.

(b) An advertisement that states a rate must also indicate the age, gender, and geographic location on which the rate is based.

Status: in_force · Read it on the official government site

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