Texas SB1151 mandates insurers to review and audit third-party administrators handling over 100 beneficiaries.
Texas SB1151 amends the Insurance Code to establish specific review and audit requirements for insurers who use third-party administrators. Insurers must conduct a semiannual review and a biennial on-site audit if the administrator manages benefits for more than 100 certificate holders, injured employees, plan participants, or policyholders. The law takes effect September 1, 2025.
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- Core Provisions
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- Legal Framework
- Critical Issues
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