Texas SB1409 allows institutions of higher education to offer health benefits to students and their families, exempting them from being classified as.
Texas SB1409 amends the Insurance Code to allow institutions of higher education to offer health benefits to students and their families without being classified as health insurers. These benefits must be registered with the department and comply with certain regulations. Institutions must disclose that the benefits are not regulated as insurance. They can contract with insurance companies to transfer risks or obtain coverage. A waiting period for preexisting conditions is limited to six months. The act takes effect September 1, 2025.
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