Texas Administrative Code

Texas Administrative Code

TITLE 28	INSURANCE
PART 1	TEXAS DEPARTMENT OF INSURANCE
CHAPTER 26	EMPLOYER-RELATED HEALTH BENEFIT PLAN REGULATIONS
SUBCHAPTER D	COOPERATIVES
DIVISION 2	SINGLE-EMPLOYEE BUSINESS PARTICIPATION IN HEALTH GROUP COOPERATIVES
RULE §26.424	Membership Eligibility Requirements for Single-Employee Businesses

A single-employee business is eligible to join a health care cooperative if it:

(1) is owned and operated by a sole proprietor;

(2) is engaged in commercial activity for the purpose of the sole proprietor's livelihood or profit;

(3) is not operated solely to obtain health benefit plan coverage under Insurance Code Chapter 1501 (concerning Health Insurance Portability and Availability Act); and

(4) employed fewer than two employees on business days during the preceding calendar year.

Source Note: The provisions of this §26.424 adopted to be effective May 17, 2017, 42 TexReg 2539