Forming A Private Purchasing Cooperative For Health Insurance In Texas
As noted by the Texas Department of Insurance, the Texas Legislature passed three bills that allow small business employers to form cooperatives to purchase health benefit plans the employer in Dallas, Houston and Texas. The three types of cooperatives are private purchasing cooperatives under state law. Texas Insurance Code, Chapter 1501, Subchapter B provides for the formation of buying cooperatives. Two of the three special characteristics, for clarity, reference to the broader category as private purchasing cooperatives.