(a) Except as provided by subsection (b) of this section, a health group cooperative may be treated in the same manner as a large employer for all purposes of Insurance Code Chapter 1501 and this chapter. (b) A health group cooperative that is composed of only small employers and that has elected to limit participation in the cooperative to 50 employees is considered a small employer for all purposes of Insurance Code Chapter 1501 and this chapter, including guaranteed issuance of coverage.

Source Note: The provisions of this §26.404 adopted to be effective August 31, 2004, 29 TexReg 8360; amended to be effective January 31, 2006, 31 TexReg 512; amended to be effective March 6, 2008, 33 TexReg 2031