TITLE 28.INSURANCE

Part 1. TEXAS DEPARTMENT OF INSURANCE

Chapter 7. CORPORATE AND FINANCIAL REGULATION

Subchapter R. WITHDRAWAL PLAN REQUIREMENTS AND PROCEDURES

28 TAC §§7.1801 - 7.1808

The Commissioner of Insurance adopts amendments to §§7.1801-7.1808 concerning withdrawal plan requirements and procedures. Sections 7.1802 and 7.1805 are adopted with changes to the proposed text as published in the October 26, 2001, issue of the Texas Register (26 TexReg 8471). Sections 7.1801, 7.1803, 7.1804 and 7.1806-7.1808 are adopted without changes and will not be republished.

The adopted amendments are necessary to implement H.B. 3020, 76th Legislature, 1999 which amended Insurance Code Article 20A.26 to require health maintenance organizations (HMOs) to comply with the requirements of Insurance Code Article 21.49-2C which requires authorized insurers to file withdrawal plans with the Department when an insurer intends to totally withdraw from a line of insurance or reduce total annual premium volume in a line of insurance by 75 percent. The purpose of Insurance Code Article 21.49-2C is to assist the Department in monitoring the stability of the market for insurance in Texas. To accomplish this, Article 21.49-C requires an insurer or an HMO to file a plan of withdrawal that is constructed to protect the interests of the people of this state. In addition to the implementation of the amendment to Insurance Code Article 20A.26, the adopted sections are needed to conform the terminology of the subchapter to that used in various applicable provisions of the Insurance Code, including Chapter 26, the Health Insurance Portability and Availability Act. Finally, the adopted sections are necessary to provide the Department additional information that will aid the Commissioner in making a determination that an insurer's or HMO's plan of withdrawal protects the interests of the people of this state.

The adopted sections will provide orderly and uniform procedures for insurers and HMOs to file a withdrawal plan with the Department that provides the Commissioner with the information necessary to determine that the withdrawal plan is constructed to protect the interests of the people of this state and to monitor the effect of the withdrawal on the market for health care plans and other insurance products. Section 7.1801 states the purpose and authority of the subchapter. Section 7.1802 defines certain terms used in the subchapter. The definition of "Enrollees of special circumstances" in paragraph (13) is changed to read "As described in Insurance Code Articles 3.70-3C, §4 and 20A.18A(c)" to clarify that §7.1805 only requires information about enrollees of special circumstances and does not require continued coverage of those enrollees. The definition of "withdrawal" in paragraph (15) is changed in response to a comment suggesting clarification that withdrawal plans must be filed when insurers or HMOs begin making plans to reduce their insurance activity in the state. Adopted §7.1803 defines what constitutes a line of insurance. Section 7.1804 provides standards to determine when a withdrawal plan must be filed. Section 7.1805 specifies the minimum information required to be included in a withdrawal plan. Subsection(a)(8)(B) is changed in response to a comment to clarify that withdrawal plans must be filed when insurers begin making plans to reduce their activity. Subsection(b)(8)(B) is changed to provide consistency with (a)(8)(B) of §7.1805. Section 7.1806 provides information on submission and approval procedures. Section 7.1807 requires a withdrawing insurer or HMO to file annual statement data and other required statistical filings until all policyholder obligations for the withdrawn line are fulfilled. The requirements for a withdrawing insurer or HMO to resume writing insurance in this state are specified in §7.1808.

A commenter suggested that the definition of withdrawal in §7.1802 and the language in §7.1805(a)(8)(B) be changed to make it clear that a withdrawal plan must be filed before an insurer or HMO actually reduces its presence in the Texas insurance market. The Department agrees with the comment and has made the clarifying changes.

The Office of Public Insurance Counsel commented in favor of the proposal.

The amendments are adopted under the Insurance Code Articles 3.70-3C, 20A.22, 20A.26, 21.49-2C, and §36.001. Article 3.70-3C addresses the regulation of preferred provider plans. Article 20A.26 makes any HMO authorized under Chapter 20A subject to, inter alia, Article 21.49-2C. Article 21.49-2C requires that insurers file a withdrawal plan if the insurer proposes to withdraw from writing a line of insurance in this state or proposes to reduce its total annual premium volume in a line of insurance by 75 percent or more. Article 21.49-2C also authorizes the Commissioner to adopt rules necessary to enforce the provisions of the article. Article 20A.22 authorizes the Commissioner to promulgate reasonable rules as necessary and proper to carry out the provisions of the Texas Health Maintenance Organization Act (Insurance Code Chapter 20A). Section 36.001 authorizes the Commissioner to adopt rules for the conduct and execution of the powers and duties of the Department only as authorized by statute.

§7.1802.Definitions.

The following words and terms, when used in this subchapter, shall have the following meanings, unless the context clearly indicates otherwise.

(1) Annual Statement--Annual statement most recently filed by the insurer or HMO with the Texas Department of Insurance.

(2) Association coverage--Coverage under a health benefit plan issued to an association or bona fide association as those terms are defined in §21.2702 of this title (relating to Association Plans).

(3) Commissioner--Commissioner of Insurance.

(4) Department--Texas Department of Insurance.

(5) Individual coverage--Coverage issued by an HMO that provides an individual health care plan as defined in Insurance Code Article 20A.09(l).

(6) Large employer coverage--Coverage under a health benefit plan issued to a large employer as those terms are defined in §26.4 of this title (relating to Definitions).

(7) Line of insurance--Each line of business as specified in §7.1803 of this title (relating to What Constitutes a Line of Insurance).

(8) HMO--A health maintenance organization licensed under Insurance Code Chapter 20A.

(9) Medicaid--The Medicaid program under Title XIX of the Social Security Act of 1965.

(10) Medicare--Has the same meaning as specified in §3.3303 of this title (relating to Definitions)

(11) Medicare+Choice plan--Has the same meaning as specified in §3.3303 of this title.

(12) Small employer coverage--Coverage under a health benefit plan issued to a small employer as those terms are defined in §26.4 of this title.

(13) Enrollees of special circumstances--As described in Insurance Code Articles 3.70-3C, §4 and 20A.18A(c).

(14) CHIP--The Texas Children's Health Insurance Program under Texas Health and Safety Code Chapter 62.

(15) Withdrawal--

(A) Substantial withdrawal occurs when an insurer or HMO on its own initiative plans to reduce the company's total annual premium volume for a line of insurance, as defined in §7.1803 of this title, by 75% or more, except when the insurer or HMO meets any exception specified in §7.1804(b) of this title (relating to When a Plan Is Required).

(B) Total withdrawal occurs when an insurer or HMO on its own initiative plans to no longer engage in the writing of a line of insurance, as defined in §7.1803 of this title except when the insurer or HMO meets any exception specified in §7.1804(b) of this title.

§7.1805.Contents of Withdrawal Plan.

(a) Except for withdrawing HMOs, which are addressed under subsection (b) of this section, a withdrawing insurer shall file a plan of orderly withdrawal with the Commissioner that is constructed to protect the interests of the people of this state. The plan must be signed by at least one officer of the insurer and, for each line of insurance being withdrawn or having total annual premium volume reduced by 75% or more, must contain the following:

(1) identification, in accordance with the line of insurance designations in §7.1803 of this title (relating to What Constitutes a Line of Insurance), of the line or lines of insurance being totally withdrawn or affected by having total annual premium volume reduced by 75% or more;

(2) identification of the policy forms by number and type affected by the withdrawal;

(3) the dates the insurer intends to begin and complete its withdrawal;

(4) an explanation of the reasons for the withdrawal;

(5) provisions for notifying all of the affected Texas policyholders and certificateholders of the dates of the beginning and completion of the total or substantial withdrawal and how the withdrawal will affect them, including, but not limited to:

(A) a copy of the notice and an explanation of the manner in which the notice will be provided to policyholders and certificateholders; and

(B) either affirmation that such notice will be provided within 30 days of the approval of the withdrawal plan or a request to provide the notice at some other specified date or time, and such request must be approved by the Commissioner;

(C) identification of any provision of the Insurance Code or Texas Administrative Code under which notice is mandated.

(6) provisions for meeting all of the insurer's contractual obligations, including, but not limited to:

(A) notification of all affected agents of the insurer of the date the insurer intends to begin and complete the withdrawal;

(B) for fire and casualty insurers, a statement affirming the insurer's compliance with the provisions of the Insurance Code, Article 21.11-1, relating to cancellation of agency contracts;

(C) for insurers writing liability coverage as specified in the Insurance Code, Article 21.49-2A, a statement affirming the insurer's compliance with the provisions of Article 21.49-2A, relating to cancellation and nonrenewal of certain liability insurance coverage; and

(D) for insurers writing property and casualty coverage as specified in the Insurance Code, Article 21.49-2B, a statement affirming the insurer's compliance with the provisions of Article 21.49-2B, relating to cancellation and nonrenewal of certain property and casualty policies;

(7) provisions for providing service to the insurer's Texas policyholders and claimants;

(8) information on Texas business, including:

(A) for insurers filing total withdrawal plans, the total annual premium volume and the number of policies and certificates and covered persons in Texas for each line to be withdrawn;

(B) for insurers filing substantial withdrawal plans, the total annual premium volume and number of policies and certificates and covered persons in Texas before substantial withdrawal is effected and the estimated total annual premium volume and number of policies and certificates and covered persons in Texas after substantial withdrawal is effected for each line to be substantially withdrawn;

(C) estimate of what percentage of the Texas market the withdrawal constitutes;

(D) any information necessary to assist the Commissioner in determining whether a market availability problem is created by the total or substantial withdrawal, the extent of the problem, and what market assistance may be needed to alleviate the problem, including, but not limited to, the following:

(i) type of location and geographic area subject to the withdrawal if not statewide (identify type of area such as suburban, urban, rural, or list specific rating territories) and zip codes if entire state not included in withdrawal; and

(ii) if applicable, types of risks no longer being covered (for example, if no longer writing private passenger auto insurance coverage for single-car families or for persons without supporting business; or if no longer providing homeowner's insurance coverage for low-value homes, or in areas with high loss-ratios, or in areas with historically high exposure to natural disasters). The information listed in this clause is provided for purposes of example only and is not intended to be a comprehensive or exhaustive list.

(E) if an insurer is unable to provide the exact number of policies and certificates and covered persons, the insurer shall provide estimates and explain how the estimates were determined;

(9) provisions for identifying policyholders or certificateholders of special circumstances;

(10) identification of any third party contracts which may provide for the continuity of care to enrollees of special circumstances;

(11) number of and estimated amount of all losses outstanding in Texas, including claims incurred but not reported;

(12) a plan to handle the losses specified in paragraph (11) of this subsection, including, but not limited to:

(A) identification of what assets will be available for paying outstanding incurred but not reported claims, claims in the course of settlement, and associated loss adjustment expenses;

(B) identification of who specifically will administer the run-off of the business; and

(C) an actuarial opinion certifying that adequate reserves are available to pay outstanding claims.

(13) if Texas policyholders or certificateholders are to be reinsured, the filing of a reinsurance agreement pursuant to all statutory and regulatory requirements and, when applicable, the filing of an assumption certificate;

(14) provisions for meeting any applicable statutory obligations, including, but not limited to:

(A) payment of any guaranty fund assessments;

(B) participation in any assigned risk plan, pool, fund, facility, or joint underwriting arrangement; and

(C) payment of any taxes.

(15) a list of any other products the insurer will continue to offer in Texas; and

(16) for insurers filing total withdrawal plans, affirmation that no new business will be solicited by the insurer in this state during or following the withdrawal period unless the insurer first complies with §7.1808 of this title (relating to Requirements To Resume Writing Insurance).

(b) A withdrawing HMO shall file a plan of orderly withdrawal with the Commissioner that is constructed to protect the interests of the people of this state. The plan must be signed by at least one officer of the HMO and, for each line of insurance being withdrawn or having total annual premium reduced by 75% or more, must contain the following:

(1) identification, in accordance with the line of insurance designations in §7.1803 of this title, of the line or lines of insurance being totally withdrawn or affected by having total annual premium volume reduced by 75% or more;

(2) identification by form number of the evidences of coverage affected by withdrawal;

(3) the dates the HMO intends to begin and complete its withdrawal;

(4) an explanation of the reasons for the withdrawal;

(5) provisions for notifying all of the affected Texas enrollees and contractholders of the dates of the beginning and completion of the total or substantial withdrawal and how the withdrawal will affect them, including, but not limited to:

(A) a copy of the notice and an explanation of the manner in which the notice will be provided to enrollees or contractholders;

(B) either an affirmation that such notice will be provided within 30 days of the approval of the withdrawal plan or a request to provide the notice at some other specified date or time, and such request must be approved by the Commissioner; and

(C) identification of any provisions of the Insurance Code or the Texas Administrative Code under which notice is mandated;

(6) provisions for meeting all of the HMO's contractual obligations, including, but not limited to, notification to all affected agents of the HMO of the dates the HMO intends to begin and complete the withdrawal;

(7) provisions for providing service to the HMO's Texas enrollees and providers;

(8) information on Texas business, including:

(A) for HMOs filing total withdrawal plans, the total annual premium volume and the number of affected contractholders and enrollees in Texas for each line to be withdrawn;

(B) for HMOs filing substantial withdrawal plans, the total annual premium volume and the number of affected enrollees and contractholders in Texas before substantial withdrawal is effected and the estimated total annual premium volume and number of enrollees and contractholders in Texas after substantial withdrawal is effected for each line to be substantially withdrawn;

(C) an estimate of what percentage of the Texas HMO market the withdrawal constitutes, as measured by enrollee;

(D) an estimate of what percentage of the HMO's service area or service areas the withdrawal constitutes and the counties affected by the withdrawal; and

(E) any information necessary to assist the Commissioner in determining whether a market availability problem is created by the total or substantial withdrawal, the extent of the problem, and what market assistance may be needed to alleviate the problem;

(9) provisions for identifying enrollees of special circumstance;

(10) identification of any third party contracts which may provide for the continuity of care to enrollees of special circumstance;

(11) number of and estimated amount of all losses outstanding in Texas, including claims incurred but not reported;

(12) a plan to handle the losses specified in paragraph (11) of this subsection, including, but not limited to:

(A) identification of what assets will be available for paying outstanding incurred but not reported claims, claims in the course of settlement, and associated loss adjustment expenses;

(B) identification of who specifically will administer the run-off of the business, if any; and

(C) an actuarial opinion certifying that adequate reserves are available to pay outstanding claims;

(13) provisions for meeting any applicable statutory obligations;

(14) for HMOs filing total withdrawal plans, an affirmation that no new business will be solicited by the HMO in this state during or following the withdrawal period unless the HMO first complies with §7.1808 of this title;

(15) a list of any other products the HMO will continue to sell in Texas in each service area; and

(16) for HMOs filing total withdrawal plans, quarterly financial projections from the beginning of the withdrawal to the completion of the withdrawal. The quarterly financial projections shall include:

(A) a balance sheet;

(B) an income statement;

(C) a statement of cash flows; and

(D) members.

(c) The filing of a single consolidated withdrawal plan for all withdrawing insurance companies or HMOs in the same holding company system, as defined in the Insurance Holding Company System Regulatory Act, the Texas Insurance Code Article 21.49-1, §2, does not meet the requirements of this subchapter. A separate withdrawal plan must be filed for each insurance company or HMO intending to totally or substantially withdraw from a line or lines of insurance.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on January 10, 2002.

TRD-200200124

Lynda Nesenholtz

General Counsel and Chief Clerk

Texas Department of Insurance

Effective date: January 30, 2002

Proposal publication date: October 26, 2001

For further information, please call: (512) 463-6327