Texas Insurance Code 1273.001 – Definitions
Terms Used In Texas Insurance Code 1273.001
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
In this subchapter:
(1) “Blended contract” means a single document, including a single contract policy, certificate, or evidence of coverage, that provides a combination of indemnity and health maintenance organization benefits.
(2) “Health maintenance organization” has the meaning assigned by Section 843.002.
(3) “Insurer” means an insurance company, association, or organization authorized to engage in business in this state under Chapter 841, 842, 861, 881, 882, 883, 884, 885, 886, 887, 888, 941, 942, or 982.
(4) “Point-of-service plan” means an arrangement under which:
(A) an enrollee chooses to obtain benefits or services through:
(i) a health maintenance organization delivery network, including a limited provider network; or
(ii) a non-network delivery system outside the health maintenance organization delivery network, including an exclusive provider benefit plan under Chapter 1301 or a limited provider network, that is administered under an indemnity benefit arrangement for the cost of health care services; or
(B) indemnity benefits for the cost of health care services are provided by an insurer or group hospital service corporation in conjunction with network benefits arranged or provided by a health maintenance organization.