The following words and terms, when used in this subchapter,
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 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, 3.51-4, or 3.51-5;
or
(ii) Insurance Code Chapter 1578; Local Government
Code, Chapter 177; or Insurance Code §1355.151 or §1364.101;
(C) a multiple employer welfare arrangement, as that
term is defined by Insurance Code §§846.001, 846.002, 846.202,
and 846.251; 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 U.S.C. §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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| Source Note: The provisions of this §21.2001 adopted to be effective May 8, 1997, 22 TexReg 3799; amended to be effective January 31, 1999, 24 TexReg 388; amended to be effective November 7, 2021, 46 TexReg 7408 |
