TO: | Honorable John T. Smithee, Chair, House Committee on Insurance |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | HB765 by Menendez (Relating to required minimum annual policy limits for certain group accident and health insurance policies.), As Introduced |
This bill would amend the Insurance Code relating to the required minimum annual policy limits for certain group accident and health insurance policies. The Texas Department of Insurance assumes that all necessary rules would be adopted and anticipates that any additional work resulting from the passage of the bill could be reasonably absorbed within current resources.
This bill would take effect September 1, 2005.
Source Agencies: | 454 Department of Insurance
|
LBB Staff: | JOB, JRO, MW, NV
|