Exams / Texas Life and Health Insurance License / Tex. Ins. Code §1508.054
Tex. Ins. Code §1508.054 — 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. 1508.054. EMPLOYER CONTRIBUTION REQUIREMENTS. (a) A small employer that purchases a qualifying health benefit plan must: (1) pay 50 percent or more of the premium for each employee covered under the qualifying health benefit plan; (2) offer coverage to all eligible employees receiving annual wages from the employer in an amount described by Section 1508.051(a)(2) or 1508.052(b), as applicable; and (3) contribute the same percentage of premium for each covered employee. (b) A small employer that purchases a qualifying health benefit plan under the program may elect to pay, but is not required to pay, all or any portion of the premium paid for dependent coverage under the qualifying health benefit plan. Added by Acts 2009, 81st Leg., R.S., Ch. 721 (S.B. 78), Sec. 2.01, eff. September 1, 2009. SUBCHAPTER C. PROGRAM PARTICIPATION; REQUIRED COVERAGE AND BENEFITS
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 §1508.054, a small employer that purchases a qualifying health benefit plan is required to contribute what type of premium percentage for each covered employee?
drill Texas Statutes and Rules Pertinent to Health Insurance and HMOs → - Under Tex. Ins. Code §1508.054, a small employer purchasing a qualifying health benefit plan is required to do which of the following regarding dependent coverage premiums?
drill Texas Statutes and Rules Pertinent to Health Insurance and HMOs →