NU Online News Service, Feb. 17, 2004, 1:23 p.m. EST – Texas insurance regulators want health carriers to help them estimate how much benefits mandates really cost.[@@]
The Texas Department of Insurance will start requiring small and midsize carriers to file mandate cost information April 1.
Starting in 2005, affected carriers will have to file mandate cost reports every year on Dec. 1.
Texas will require insurers to file the mandate cost reports if they generate at least $10 million in annual premium revenue from Texas group health business or at least $2 million in annual premiums from Texas individual health premium revenue.