Loading chat...
TX SB1151
Bill
Status
5/19/2025
Primary Sponsor
Cesar Blanco
Click for details
AI Summary
-
Amends Section 4151.1042 of the Texas Insurance Code governing insurer oversight of third-party administrators who handle benefits for more than 100 certificate holders, injured employees, plan participants, or policyholders
-
Requires insurers to conduct semiannual reviews of third-party administrator operations (maintaining existing requirement)
-
Changes the audit requirement from semiannual on-site audits to biennial (every two years) audits, and removes the requirement that audits be conducted on-site
-
Passed the Texas Senate on April 16, 2025 (31-0) and the House on May 2, 2025 (123-0)
-
Takes effect September 1, 2025
Legislative Description
Relating to an insurer's responsibility to review and audit a third-party administrator.
Insurance
Last Action
Effective on 9/1/25
5/19/2025