SB 2808

relating to approval of premium rate increases by the commissioner
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1.  The heading to Subtitle E, Title 5, Insurance
Code, is amended to read as follows:
SUBTITLE E.  PREMIUMS AND PREMIUM FINANCING
SECTION 2.  Subtitle E, Title 5, Insurance Code, is amended
by adding Chapter 652 to read as follows:
CHAPTER 652.  RATE INCREASE LIMITATIONS
Sec. 652.001.  DEFINITIONS.  In this chapter, "health
maintenance organization" and "insurer" have the meanings assigned
Sec. 652.002.  COMMISSIONER APPROVAL REQUIRED.
Notwithstanding any other law and in addition to any other
applicable rating requirements, before an insurer or health
maintenance organization may collect a premium at a rate that has
increased from the rate used by the insurer or health maintenance
organization in the previous 12-month period, the insurer or health
maintenance organization shall:
(1)  file the proposed rate with the department along
with any applicable rating manuals, supplementary rating
information, and additional information as required by the
(2)  obtain approval from the commissioner for the
proposed rate in accordance with rating standards applicable to the
line of insurance or the coverage for which the rate is used.
SECTION 3.  The changes in law made by this Act apply only to
an insurance policy or health benefit plan delivered, issued for
delivery, or renewed on or after January 1, 2026.
SECTION 4.  This Act takes effect September 1, 2025.