Texas Sens. Pass Bill Limiting Insurers' 3rd-Party Recovery

Law360, Dallas (May 14, 2013, 6:47 PM EDT) -- The Texas Senate on Tuesday passed a bill clamping down on health insurers’ practice of aggressively collecting damages from third parties that caused injuries to insured patients by making them share in attorneys' fees, sending the measure to Gov. Rick Perry for approval.

H.B. 1869, introduced by Rep. Four Price, R-Amarillo, limits insurance providers’ recovery from subrogated claims to no more than the amount they paid out in benefits or half the insured’s gross recovery from the third party, whichever is lower. And for insured parties...
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