The following words and terms, when used in this subchapter, shall
have the following meanings, unless the context clearly indicates otherwise.
(1) Actuarial assumptions—The value of a parameter, or
other choice, having an impact on an estimate of a future cost or other actuarial
item under evaluation.
(2) Actuarially equivalent—Producing equal actuarial
present value, determined as of a given date with each value based on the
same set of actuarial assumptions.
(3) Actuarial present value—The value of an amount
or series of amounts payable or receivable at various times, determined as
of a given date by the application of a particular set of actuarial assumptions.
(4) Child—
(A) a person under 18 years of age who is not and has not been
married or who has not had the disabilities of minority removed for general
purposes; or
(B) in the context of child support, "child" includes a person
over 18 years of age for whom a person may be obligated to pay child support.
(5) Child support agency—As defined in the
Family Code, §101.004.
(6) Custodial parent—
(A) a managing conservator of a child or a possessory conservator
of a child who is a parent of the child; or
(B) a guardian of the person of a child, or another custodian
of a child if the guardian or custodian is designated by a court or administrative
agency of this or another state.
(7) Health insurer—Any insurance company, stipulated
premium company, fraternal benefit society, group hospital service corporation,
or HMO that delivers or issues for delivery an individual, group, blanket,
or franchise insurance policy or insurance agreement, a group hospital service
contract, or an evidence of coverage that provides benefits for medical or
surgical expenses incurred as a result of an accident or sickness.
(8) Insurer—
(A) a health insurer;
(B) a governmental entity subject to:
(i) Insurance Code, Articles 3.51-1, 3.51-2, 3.51-4, 3.51-5
or 3.51-5A; or
(ii) Section 1, Chapter 123, Acts of the 60th Legislature,
1967 (the Insurance Code, Article 3.51-3);
(C) a multiple employer welfare arrangement, as that term is
defined by the Insurance Code, Article 3.95-1; or
(D) a health insurer that issues coverage for a group health
plan, as defined by the Employee Retirement Income Security Act of 1974, §607(1)
(29 USC §1167).
(9) Medical assistance—Medical assistance under
the state Medicaid program.
(10) Medical support order—A court or administrative
judgment, decree or order whether temporary, final or subject to modification
for the benefit of a child that provides for health coverage of the child.
(11) Policy—Includes an individual, blanket, or
franchise insurance agreement or contract, a certificate issued under a group
policy, a group hospital service contract, or evidence of coverage issued
by a health maintenance organization.
(12) Qualified actuary—An actuary who is either:
(A) a Fellow of the Society of Actuaries, or
(B) a Member of the American Academy of Actuaries.
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