Section 562.054 - Misrepresentation of Discount Health Care Programs It is an unfair method of competition or an unfair or deceptive act or practice in the business of discount health care programs to misrepresent a discount health care program by:
(1) making an untrue statement of material fact;(2) failing to state a material fact necessary to make other statements made not misleading, considering the circumstances under which the statements were made;(3) making a statement in a manner that would mislead a reasonably prudent person to a false conclusion of a material fact;(4) making a material misstatement of law; or(5) failing to disclose a matter required by law to be disclosed, including failing to make an applicable disclosure required by this code.Added by Acts 2009, 81st Leg., R.S., Ch. 1331, Sec. 1, eff. 9/1/2009.