Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 540.0102 - [Effective 4/1/2025] Profit Sharing(a) The executive commissioner shall adopt rules regarding the sharing of profits earned by a Medicaid managed care organization through a Medicaid managed care plan.(b) Except as provided by Subsection (c), any amount this state receives under this section shall be deposited in the general revenue fund.(c) If cost-effective, the commission may use amounts this state receives under this section to provide incentives to specific Medicaid 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. (Gov. Code, Sec. 533.014.)Tex. Gov't. Code § 540.0102
Added by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 769,Sec. 1.01, eff. 4/1/2025.