Texas Insurance Code 844.052 – Certificate Application; Eligibility Requirements
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(a) An approved nonprofit health corporation may apply to the department for a certificate of authority under this chapter.
(b) The commissioner may issue a certificate of authority only to an applicant that:
(1) meets the same requirements for the issuance of a certificate of authority that a health maintenance organization is required to meet under Chapter 843; and
(2) establishes accreditation by:
(A) the National Committee on Quality Assurance;
(B) the Joint Commission on Accreditation of Healthcare Organization’s accreditation for health care networks; or
(C) an accrediting organization recognized by rule of the commissioner.
Terms Used In Texas Insurance Code 844.052
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Rule: includes regulation. See Texas Government Code 311.005