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Texas Notification that an Insurer or HMO will be acting as an Administrator

State:
Texas
Control #:
TX-FIN482
Format:
PDF
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Description

Notification that an Insurer or HMO will be acting as an Administrator

Texas Notification is a state regulation that requires insurance companies and health maintenance organizations (HMO's) to inform Texan consumers that they are acting as an administrator for a health plan or insurance policy. The notification includes a brief description of the plan or policy, a list of the services that are covered, and information about how to file a claim. It also includes information about how to contact the insurer or HMO if the consumer has any questions or complaints. There are two types of Texas Notification: 1. Texas Notification to Insureds: This notification must be provided to insureds who are part of an insurance plan or policy that the insurer or HMO administers. It must include a brief description of the plan or policy, a list of the services that are covered, and information about how to file a claim. 2. Texas Notification to Self-Funded Plans: This notification must be provided to individuals who are part of a self-funded plan that the insurer or HMO administers. It must include a brief description of the plan or policy, a list of the services that are covered, and information about how to file a claim. Additionally, it must include information about the applicable state and federal laws that apply to self-funded plans.

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FAQ

Onset of symptoms less than three hours before beginning treatment. No head trauma or prior stroke in the past three months. No heart attack (myocardial infarction) in the past three months. No gastrointestinal or genitourinary hemorrhage in the past 21 days.

TPA stands for Third Party Administrator and as such is defined as an organization or individual that handles the claims, processing, and reporting components of a self-funded health benefits plan.

party administrator is an organization that conducts the administrative and operational work for an insurance plan. The administrative work often includes processing claims, enrolling customers, collecting premiums, and complying with federal regulations.

Third Party Administrators (TPA)

? Patients who have a persistent neurologic deficit that is potentially disabling, despite improvement of any degree, should be treated with tPA in the absence of other contraindications. Any of the following should be considered disabling deficits: Complete hemianopia: ?2 on NIHSS question 3, or.

Other Contraindications for tPA Significant head trauma or prior stroke in the previous 3 months. Symptoms suggest subarachnoid hemorrhage. Arterial puncture at a noncompressible site in the previous 7 days.

A TPA shall maintain minimum paid up equity share capital of not less than rupees four crores. The net worth of a TPA shall at no time during the period of registration fall below rupees one crore.

Because tPA increases the risk of bleeding, patients who have a history of bleeding problems, recent surgery or trauma, uncontrolled high blood pressure or recent head injury may not be able to receive it.

More info

Notification that an Insurer or HMO will be acting as an. Administrator. The Commissioner must notify the insurer or HMO of the filing date not later than the 90th day before that date.Security Act (ERISA), to meet their responsibilities as plan sponsors. Insurers may act as administering agency for government-sponsored health, hospital, and medical service programs. Self-insured employers, workers' compensation insurers, or entities providing physician network services may establish an MPN. COBRA (Consolidated Omnibus Budget Reconciliation Act). NCGS 58-3-225 requires an insurer within thirty calendar days after receipt of a claim to either pay a claim or send a notice to the claimant. Except for HMOs, MCOs may only enroll certain populations as. The words "you" or "your" refer to the Group. MEWA defined - Information relating to administrative services contracts.

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Texas Notification that an Insurer or HMO will be acting as an Administrator