Tex. Insurance Code § 1272.205
This is the official text of Tex. Insurance Code § 1272.205, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 1272.205. EXAMINATION BY DEPARTMENT; REPORT.
Official statutory text
(a) On receipt of a notice under Section 1272.202 or if complaints are filed with the department, the department may conduct an examination regarding:
(1) any matter contained in the notice; and
(2) any other matter relating to the financial solvency of the delegated entity or the entity's ability to meet the entity's responsibilities in connection with a function delegated to the entity by the health maintenance organization.
(b) Except as provided by Subsection (c), the department, on completion of an examination under this section, shall report to the delegated entity and the health maintenance organization:
(1) the results of the examination; and
(2) any action the department determines is necessary to ensure that:
(A) the health maintenance organization meets the health maintenance organization's responsibilities under this code, any other insurance laws of this state, and rules adopted by the commissioner; and
(B) the entity is able to meet the entity's responsibilities in connection with a function delegated to the entity by the health maintenance organization.
(c) The department may not report to the health maintenance organization information relating to fee schedules, prices, or cost of care or other information not relevant to the monitoring plan.
(1) any matter contained in the notice; and
(2) any other matter relating to the financial solvency of the delegated entity or the entity's ability to meet the entity's responsibilities in connection with a function delegated to the entity by the health maintenance organization.
(b) Except as provided by Subsection (c), the department, on completion of an examination under this section, shall report to the delegated entity and the health maintenance organization:
(1) the results of the examination; and
(2) any action the department determines is necessary to ensure that:
(A) the health maintenance organization meets the health maintenance organization's responsibilities under this code, any other insurance laws of this state, and rules adopted by the commissioner; and
(B) the entity is able to meet the entity's responsibilities in connection with a function delegated to the entity by the health maintenance organization.
(c) The department may not report to the health maintenance organization information relating to fee schedules, prices, or cost of care or other information not relevant to the monitoring plan.
Status: in_force · Read it on the official government site
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