Texas § IN.1501.206 - PREMIUM RATES
Full text of Texas The Texas Constitution § IN.1501.206 — PREMIUM RATES, with citation guidance and answers to common questions.
§ IN.1501.206. PREMIUM RATES
PREMIUM RATES: ADJUSTMENTS. (a) The percentage increase in the premium rate charged to a small employer for a new rating period may not exceed the sum of: (1) the percentage change in the new business premium rate, measured from the first day of the preceding rating period to the first day of the new rating period; (2) any adjustment, not to exceed 15 percent annually and adjusted pro rata for a rating period of less than one year, due to the claims experience, health status, or duration of coverage of the employees or dependents of employees of the small employer, as determined under the small employer health benefit plan issuer's rate manual for the class of business; and (3) any adjustment due to change in coverage or change in the case characteristics of the small employer, as determined under the issuer's rate manual for the class of business. (b) An adjustment in the premium rate for claims experience, health status, or duration of coverage: (1) may not be charged to individual employees or dependents; and (2) must be applied uniformly to the rates charged for all employees and dependents of employees of the small employer. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.
Frequently Asked Questions About Texas § IN.1501.206
What does The Texas Constitution § IN.1501.206 cover?
Section IN.1501.206 ("PREMIUM RATES") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.1501.206?
A common citation format is "The Texas Constitution § IN.1501.206" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.1501.206 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.