Back to Search

Key Texas Legislative, Compliance & Fiduciary Issues (In Person and Virtual)

Thursday, April 6, 2023 (8:00 AM - 10:30 AM) (CDT)

Description

Thursday, April 6, 2023

8:00 am - 10:30 am CST

The Friedkin Group
1375 Enclave Pkwy
Houston, TX 77077

ALL EMPLOYERS ARE FREE

REASONS TO ATTEND

Learn about employer compliance requirements under the 2021 Consolidate Appropriations Act (CAA)
Learn what healthcare legislation is before the 88th Texas Legislature, that will impact employers in 2023
Learn about the growing employer ERISA fiduciary risk

The CAA expands ERISA to require additional transparency into health & welfare benefits plans. With new access to information, plan fiduciaries will be held to a higher standard, expected to not only obtain this information, but to review it and make decisions based upon it. What information are your vendors required to disclose? What are compliant & non-compliant disclosures?

The 88^th Texas Legislature is now in session until May 31. Several bills have been filed and have been assigned to the House Select Committee on Healthcare Reform. House Bills 711 and 1692 will most impact employers. HB 711 will prohibit current anticompetitive contract language between health plans and hosptial. The include gag clauses, and anti-steering and anti-teering clauses. HB 1692 will prohibit a hospital from charging facility fees for clinics more than 250 yards from the hospital.

Both of these issues will change the landscape for employers. Texas legislation will allow employers and their intermediaries access to data and information to better negotiate contracts. CAA compliance will provide insight into the value their vendors bring to the table. Transparency is there to stay and with it a new light has been shed on employer fiduciary responsibility and the organizational and individual risk it presents.

AGENDA