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The Texas Department of Insurance (TDI), at the direction of the Texas Legislature, is offering competitive grants to local government entities for the development of Three-Share Premium Assistance Programs. A "three-share premium assistance program" is an insurance or health care coverage funding program that requires premium costs to be funded by three separate parties - generally an employer, an employee, and a third entity, which is often a county, city, town, special purpose district, or other political subdivision of the state. The purpose of such a funding structure is to reduce the enrollee's cost of insurance or health care coverage by distributing the cost among three parties rather than just the two parties (employer and employee) that traditionally pay for employment-based coverage. In creating this program, the Legislature specified that grants will be awarded through a competitive bidding process. Funds may be used for the research, planning, and development of three-share programs to increase access to private healthcare coverage for the uninsured, and to provide technical assistance to grant recipients.
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