Section 533.014 - [Repealed Effective 4/1/2025] Profit Sharing(a) The executive commissioner shall adopt rules regarding the sharing of profits earned by a managed care organization through a managed care plan providing health care services under a contract with the commission under this chapter.(b) Except as provided by Subsection (c), any amount received by the state under this section shall be deposited in the general revenue fund.(c) If cost-effective, the commission may use amounts received by the state under this section to provide incentives to specific managed care organizations to promote quality of care, encourage payment reform, reward local service delivery reform, increase efficiency, and reduce inappropriate or preventable service utilization.Tex. Gov't. Code § 533.014
Repealed by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 769,Sec. 3.01, eff. 4/1/2025.Amended by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 1,Sec. 2.232, eff. 4/2/2015.Amended by Acts 2013, Texas Acts of the 83rd Leg. - Regular Session, ch. 1310,Sec. 4.05, eff. 9/1/2013.Added by Acts 1999, 76th Leg., ch. 1447, Sec. 8, eff. 6/19/1999; Acts 1999, 76th Leg., ch. 1460, Sec. 9.08, eff. 9/1/1999. See Acts 2013, Texas Acts of the 83rd Leg. - Regular Session, ch. 1310, Sec. 7.01.