Texas High Court: State May Regulate Self-Funded Plans' Stop-Loss Insurance

AUSTIN, Texas - Stop-loss insurance sold to self-funded health-benefits plans governed by the Employee Retirement Income Security Act is direct insurance subject to state insurance regulation, the Texas Supreme Court ruled May 18 (Texas Department of Insurance, et al. v. American National Insurance Company, et al., No. 10-0374, Texas Sup.; 2012 Tex. LEXIS 420). Full story on lexis.com