The Texas Department of Insurance (TDI) has amended and repealed rules in the Texas Administrative Code’s Licensing and Regulation of Insurance Professionals chapter.
The National Council on Compensation Insurance (NCCI) filed Item E-1410 Revisions to NCCI Manual Rules Related to the Inclusion of COVID-19 (Coronavirus) Claims in Experience Rating and Merit Rating. The filing revises rules for reporting COVID-19 claims as an extraordinary loss event.
The U.S. Department of Labor’s Employee Benefits Security Administration has posted notices of Form 5500 revisions and rulemaking on their website along with a fact sheet and a press release about the changes.
The Texas All-Payor Claims Database (APCD) will accept regular monthly claims data submissions beginning March 1 through March 7, 2023. Companies that are required to submit data must have a successful test submission completed by March 1, 2023.
EBSA has posted requirements related to the No Surprises Act and information on reporting of Rx and Health Care Spending.
TDI proposed changes to clarify that the requirements and mandates of Senate Bill 1264 (86th Legislature, Regular Session, 2019), including Insurance Code Chapter 1467, apply to certificates of insurance issued to certain Texas residents.