As the Legislature prepares to meet in 2007, it is likely that state employee health insurance will again require new money to keep pace with current benefit levels and increased costs. This growth is within the state’s control if it introduces consumer-driven health care models, sharing both cost and savings with state employees.
TWIA’s Expanding Reach Raises Fresh Concerns
TWIA has become the leading wind and hail insurer in the catastrophe area. Its position has direct and indirect consequences for Texans statewide. Key points: Since 2020, TWIA has steadily increased its market share in the catastrophe area, raising concerns about scope and cost. TWIA’s quasi-governmental model imposes potential costs on statewide policyholders and private...