Texas Considers Risk Pool Funded By Federal Tax Dollars

Sec. 1511.0052.  PURPOSE OF POOL. The purpose of the pool is
 to provide a reinsurance mechanism to:
              (1)  meaningfully reduce health benefit plan premiums
 in the individual market by mitigating the impact of high-risk
 individuals on rates;
              (2)  maximize available federal money to assist
 residents of this state to obtain guaranteed issue health benefit
 coverage without increasing the federal deficit; and
              (3)  increase enrollment in guaranteed issue,
 individual market health benefit plans that provide benefits and
 coverage and cost-sharing protections against out-of-pocket costs
 comparable to and as comprehensive as health benefit plans that
 would be available without the pool.

(R) HB 1129 – Introduced Version – Bill Text