Sec. 1501.311.  CHANGE IN STATUS.  (a)  The commissioner shall establish an application process for a small employer health benefit plan issuer that elects to change its status under this subchapter.
(b)  A reinsured health benefit plan issuer that elects to change its status to operate as a risk-assuming health benefit plan issuer may not continue to reinsure a small employer health benefit plan with the system.  The issuer shall pay a prorated assessment based on business issued as a reinsured health benefit plan issuer for the portion of the year the business was reinsured.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.