Enrolled Bill Summary

House Bill 3089 amends the Insurance Code to authorize the Employees Retirement System of Texas (ERS) and the Teacher Retirement System of Texas (TRS) to establish group long-term care insurance programs to provide coverage for members, retirees, and their spouses, parents, and grandparents. The act authorizes the systems' trustees to select firms to administer the programs and authorizes an institution of higher education to elect to join the long-term care insurance programs offered by ERS or TRS. Program participants are responsible for premiums and other costs, and the state may not contribute any part of the premiums for such coverage.