This bulletin announces a call for rate information for the Texas Small Employer Health Benefit Plan Rate Guide to be published by the Texas Department of Insurance (TDI).
All carriers offering Small Employer Health Benefit Plans in Texas after July 15, 2004, are required to respond to this request.The guide will allow small employers to compare premium rates by plan design and carrier.The rate guide will also assist small employers in understanding the factors that impact premium rates, and how these factors, along with plan design copayments and deductibles, will increase or decrease the premium rates. You should only submit data for Small Employer Health Benefit Plans that have been approved and are offered for sale in Texas on and after July 15, 2004.
Carriers must provide the required information under authority of Section 38.001 of the Texas Insurance Code.
The deadline for submitting the requested information is Monday, July 26, 2004.
Companies should enter their rates directly into a password-protected web page on the TDI website. The company contact person for the Small Employer carrier will receive an e-mail that provides password information and detailed instructions. The web address for the rate collection forms is:
https://wwwapps.tdi.state.tx.us/inter/asproot/consumer/sergcall/sergcall.asp
All rate information should be for rates in effect on July 15, 2004. The website provides detailed instructions on entering the requested information. Carriers are responsible for the accuracy of the data submitted.
If you have additional questions, please call Jan Gibson at 512-305-7317 or e-mail her at jan.gibson@tdi.state.tx.us.
Sincerely,
[ORIGINAL SIGNED BY JOSE MONTEMAYOR]
Jose Montemayor
Commissioner of Insurance