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Relating to the disclosure of negotiated rates requested by members of the legislature from certain health care vendors that contract with this state.
No significant fiscal implication to the State is anticipated.
HB 1427 stipulates that a member of the legislature may request information from certain healthcare vendors regarding any negotiated rate included in a contract between the vendor and this state for the administration of health benefits.
HB 1427 applies only to a health care vendor that contracts with this state, including with an agency of this state, to administer health benefits under the basic plans for Texas employees, Texas Public School Employees, Texas School Employees, employees of the UT system and Texas A&M University System group benefits, or the state Medicaid program.
HB 1427 represents the start of transparency in the public healthcare system. However, the transparency vendors give to legislators under the provisions of this bill should be available to everyone. This would benefit the free market, individual liberty, and personal responsibility. People need to know what the negotiated rates are for healthcare plans. Texas Action supports HB 1427 while recommending these rates become public.