Establishes the Texas Health Insurance Exchange, detailing its governance, operations, and funding.

The bill creates the Texas Health Insurance Exchange, governed by a board of directors appointed by the governor, lieutenant governor, and speaker of the house of representatives. The exchange aims to benefit the state health insurance market and facilitate the purchasing of qualified health plans. It is exempt from state taxes and fees and must comply with federal law. The exchange can charge user fees to issuers, develop a state-administered subsidy program, and create an enhanced direct enrollment pathway. It must also engage a third-party audit team to verify its technology system.

Establishes the Texas Health Insurance Exchange, detailing its governance, operations, and funding.

The bill creates the Texas Health Insurance Exchange, governed by a board of directors appointed by the governor, lieutenant governor, and speaker of the house of representatives. The exchange aims to benefit the state health insurance market and facilitate the purchasing of qualified health plans. It is exempt from state taxes and fees and must comply with federal law. The exchange can charge user fees to issuers, develop a state-administered subsidy program, and create an enhanced direct enrollment pathway. It must also engage a third-party audit team to verify its technology system.