Section 24.3 - PrinciplesA discount health care program operator shall:
(1) comply with all applicable statutes of the State of Texas and with all applicable department rules, including Chapter 1, Subchapter D of this title (relating to Effect of Criminal Conduct); Chapter 19, Subchapter Q of this title (relating to Discount Health Care Program Registration); § 19.802 of this title (relating to Amount of Fees); and Chapter 21, Subchapter B, Division 2 of this title (relating to Discount Health Care Program Advertising);(2) lawfully conduct its business with integrity and diligence;(3) organize and control its affairs responsibly and effectively, with adequate risk management systems;(4) maintain adequate financial resources to enable it to satisfy its obligations as they are incurred or become due;(5) pay due regard to the interests of its prospective members, members, and providers by treating them fairly;(6) pay due regard to the information needs of its prospective members, members, and providers by communicating information to them in a way that is clear, fair, and not misleading;(7) manage conflicts fairly, between, as applicable:(A) the discount health care program operator and its members;(B) the discount health care program operator and its providers; and(C) members and providers; and(8) interact with the commissioner in an open and cooperative way and promptly disclose to the commissioner any significant information relating to its ability to continue as a going concern or as a registered discount health care program operator and to its continued financial stability.28 Tex. Admin. Code § 24.3
The provisions of this §24.3 adopted to be effective September 8, 2010, 35 TexReg 8121