Texas lawmakers approved a bill Friday that would require health insurers to cover at least half of their customers with no deductibles, co-pays or other charges.
The proposal will go into effect July 1.
The bill, SB 562, passed the House and Senate earlier this week.
The Senate passed the bill by a 56-28 vote in March.
The House passed the measure in June.
Greg Abbott said the measure will save Texans more than $100 billion in annual health care costs.
If approved by the state’s Senate, SB562 would apply to Texas insurers participating in the Affordable Care Act.
Health plans would be required to cover people with an average annual household income of up to 400 percent of the federal poverty level, or about $28,300 for a family of four.
That would cover roughly 10 million people with private health insurance.
Those people would be exempt from a mandate that they have insurance or pay a tax penalty.
The governor said the plan will save the state $100 million over the next two years.