Texas Insurance Code 1501.324 – Limit On Total Assessments
Current as of: 2024 | Check for updates
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Terms Used In Texas Insurance Code 1501.324
- Year: means 12 consecutive months. See Texas Government Code 311.005
The maximum assessment amount payable for a calendar year may not exceed five percent of the total premiums earned in the preceding calendar year from small employer health benefit plans delivered or issued for delivery by reinsured health benefit plan issuers in this state.