Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1551.055 - General Powers of Board of Trustees Regarding Coverage Plans The board of trustees may:
(1) prepare specifications for a coverage provided under this chapter;(2) prescribe the time and conditions under which an employee, annuitant, or dependent is eligible for a coverage provided under this chapter;(3) determine the methods and procedures of claims administration;(4) determine the amount of payroll deductions and reductions applicable to employees and annuitants and establish procedures to implement those deductions and reductions;(5) establish procedures for the board of trustees to decide contested cases arising from a coverage provided under this chapter;(6) study, on an ongoing basis, the operation of all coverages provided under this chapter, including gross and net costs, administration costs, benefits, utilization of benefits, and claims administration;(7) administer the employees life, accident, and health insurance and benefits fund;(8) provide the beginning and ending dates of coverages of participants under all benefit plans;(9) develop basic group coverage plans applicable to all individuals eligible to participate in the group benefits program under Sections 1551.101 and 1551.102;(10) provide for optional group coverage plans in addition to the basic group coverage plans;(11) provide, as the board of trustees determines is appropriate, either additional statewide optional coverage plans or individual agency coverage plans;(12) develop health benefit plans that permit access to high-quality, cost-effective health care;(13) design, implement, and monitor health benefit plan features intended to discourage excessive utilization, promote efficiency, and contain costs;(14) develop and refine, on an ongoing basis, a health benefit strategy consistent with evolving benefit delivery systems;(15) develop a funding strategy that efficiently uses employer contributions to achieve the purposes of this chapter and that is reasonable and ensures participants a fair choice among health benefit plans as provided by Section 1551.302; and(16) appoint an advisory committee for the group benefits program under the terms provided by Section 815.509, Government Code.Tex. Ins. Code § 1551.055
Amended by Acts 2003, 78th Leg., ch. 1276, Sec. 10A.406(a), eff. 9/1/2003.Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. 6/1/2003.