86R9598 LED-F

By: Hancock S.B. No. 1940

A BILL TO BE ENTITLED

AN ACT

relating to the administration of a temporary health insurance risk pool.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Section 1510.002, Insurance Code, is amended to read as follows:

Sec. 1510.002. ESTABLISHMENT OF TEMPORARY HEALTH INSURANCE RISK POOL. To the extent that federal funds become available under federal law[, regulation, or executive action after March 1, 2017], the commissioner may:

(1) apply for such funds; and

(2) use such funds to establish and administer a temporary health insurance risk pool for the purposes of this chapter.

SECTION 2. Section 1510.008(a), Insurance Code, is amended to read as follows:

(a) The commissioner may apply to the United States secretary of health and human services:

(1) under 42 U.S.C. Section 18052 for a waiver of applicable provisions of the Patient Protection and Affordable Care Act (Pub. L. No. 111-148) and any applicable regulations or guidance; or

(2) under any applicable provision of federal law [enacted on or after May 1, 2017,] for a waiver of applicable provisions of any federal law, regulations, or guidance with respect to health insurance coverage consistent with Section 1510.003.

SECTION 3. Section 1510.012(a), Insurance Code, is amended to read as follows:

(a) Beginning June 1, 2020 [2018], not later than June 1 of each year, the department shall submit a report to the governor, the lieutenant governor, and the speaker of the house of representatives.

SECTION 4. Section 1510.013, Insurance Code, is amended to read as follows:

Sec. 1510.013. EXPIRATION OF CHAPTER. This chapter expires August 31, 2021 [2019].

SECTION 5. This Act takes effect immediately if it receives a vote of two-thirds of all the members elected to each house, as provided by Section 39, Article III, Texas Constitution. If this Act does not receive the vote necessary for immediate effect, this Act takes effect September 1, 2019.