(a) Except as provided by Subsection (b), this subchapter applies to a health maintenance organization authorized to engage in the business of a health maintenance organization in this state or an insurer authorized to engage in the business of insurance in this state, including:
- (1) a capital stock insurance company;
- (2) a mutual insurance company;
- (3) a title insurance company;
- (4) a fraternal benefit society;
- (5) a local mutual aid association;
- (6) a statewide mutual assessment company;
- (7) a county mutual insurance company;
- (8) a Lloyd's plan;
- (9) a reciprocal or interinsurance exchange;
- (10) a stipulated premium company;
- (11) a group hospital service corporation; and
- (12) a risk retention group.
(b) This subchapter does not apply to a health maintenance organization or insurer:
- (1) that has gross initial premium receipts collected in this state of less than $2 million each year; or
- (2) with regard to fidelity, surety, or guaranty bonds.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 2, eff. April 1, 2005.