Exams / Texas Life and Health Insurance License / Tex. Ins. Code §1501.003
Tex. Ins. Code §1501.003 — what it says, and how the exam tests it
This section is cited by 2 of our practice questions and is tested on the Texas Life and Health Insurance License.
The text
Sec. 1501.003. APPLICABILITY: SMALL EMPLOYER HEALTH BENEFIT PLANS. An individual or group health benefit plan is a small employer health benefit plan subject to Subchapters C-H if it provides health care benefits covering two or more employees of a small employer and: (1) the employer pays a portion of the premium or benefits; (2) the employer or a covered individual treats the health benefit plan as part of a plan or program for purposes of Section 106 or 162, Internal Revenue Code of 1986 (26 U.S.C. Section 106 or 162); or (3) the health benefit plan is an employee welfare benefit plan under 29 C.F.R. Section 2510.3-1(j). Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005. Amended by: Acts 2013, 83rd Leg., R.S., Ch. 199 (S.B. 1332), Sec. 2, eff. September 1, 2013.
Public record. Read the full, current section at the official source: tcss.legis.texas.gov
How it comes up on the exam
Practice questions written from this section — answers and explanations are in the drill.
- Under Tex. Ins. Code §1501.003, a health benefit plan qualifies as a small employer health benefit plan subject to Subchapters C-H if it covers at least how many employees of a small employer?
drill Texas Statutes and Rules Pertinent to Health Insurance and HMOs → - Under Tex. Ins. Code §1501.003, an individual or group health benefit plan is considered a small employer health benefit plan if it provides health care benefits covering a minimum of how many employees?
drill Texas Statutes and Rules Pertinent to Health Insurance and HMOs →