Texas HB2221 regulates trade practices for life insurance, annuity contracts, and accident and health coverage.
Texas HB2221 amends the Insurance Code to establish uniform standards for prohibited acts and practices in life insurance, annuity contracts, accident and health insurance, and health care plans. It prohibits insurers and agents from offering inducements, rebates, or discriminations in certain insurance and annuity contracts. The bill allows insurers to offer value-added services and products under specific conditions. It also permits insurers to establish premium discounts for participation in disease prevention and wellness programs.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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