(a) In this section, “standard health benefit plan” means a plan offered under Chapter 1507.
(b) If an employer offers to employees a standard health benefit plan, the employer shall:
(1) provide a copy of the disclosure statement provided to the employer by the plan issuer under § 1507.006 or 1507.056 to:
(A) each employee:
(i) before the employee initially enrolls in the plan, unless the employee received notice under Paragraph (B) on or after the 90th day before the date the employee initially enrolls; and
(ii) not later than the 30th day before the date the employee renews enrollment in the plan; and
(B) each prospective employee before the prospective employee is hired by the employer; and
(2) obtain a copy of the notice signed by the employee or prospective employee at the time the notice is provided.