Texas HB1225 establishes a bundled-pricing program to reduce health care costs for state employees.

Texas HB1225 amends the Insurance Code to create a bundled-pricing program for the state employees group benefits program. The program aims to reduce health care costs by contracting with health care facilities, physicians, or providers at a consolidated rate for specific procedures. Participation in the program is voluntary, and providers must apply for approval before scheduling procedures. The board of trustees will publish information about the program, including participating providers and rates, on the Employees Retirement System of Texas website.

Texas HB1225 establishes a bundled-pricing program to reduce health care costs for state employees.

Texas HB1225 amends the Insurance Code to create a bundled-pricing program for the state employees group benefits program. The program aims to reduce health care costs by contracting with health care facilities, physicians, or providers at a consolidated rate for specific procedures. Participation in the program is voluntary, and providers must apply for approval before scheduling procedures. The board of trustees will publish information about the program, including participating providers and rates, on the Employees Retirement System of Texas website.