Current through Reg. 50, No. 13; March 28, 2025
(a) Except as
otherwise provided in this section, the term of office for seats on the
stakeholder advisory group, as specified by Insurance Code §
38.403, concerning
Stakeholder Advisory Group, is three years.
(b) Initial terms of office for the members
of the stakeholder advisory group will end December 31, 2024.
(c) Subsequent terms of office for the
members of the stakeholder advisory group will begin January 1, 2025, and will
be staggered as follows:
(1) the terms of
office for the seats of the two members representing the business community and
the two members representing consumers will expire December 31, 2026;
(2) the terms of office for the seats of the
member designated by the Teacher Retirement System of Texas, the two members
representing hospitals, and the two members representing health benefit plan
issuers will expire December 31, 2027; and
(3) the terms of office for the seats of the
member designated by the Employees Retirement System; the two members
representing physicians; and the two members not professionally involved in the
purchase, provision, administration, or review of health care services,
supplies, or devices, or health benefit plans will expire December 31,
2028.
(d) The term of
office for the seat of a member representing an institution of higher education
is one year.
(e) Except as provided
by subsection (f) of this section, members may not serve for more than six
consecutive years.
(f) If a member
does not complete the member's three-year term, a replacement member may be
designated to complete the remainder of the term.
(g) Members and prospective members of the
stakeholder advisory group are subject to the conflicts of interest and
standards of conduct provisions in paragraphs (1) - (4) of this subsection.
(1) A prospective member of the stakeholder
advisory group must disclose to the designating entity any conflict of interest
before being designated to the group.
(2) A member of the stakeholder advisory
group must immediately disclose to the Center and the member's designating
entity any conflict of interest that arises or is discovered while serving on
the group.
(3) A conflict of
interest means a personal or financial interest that would lead a reasonable
person to question the member's objectivity or impartiality. An example of a
conflict of interest is employment by or financial interest in an organization
with a financial interest in work before the stakeholder advisory group, such
as evaluating data requests from qualified research entities under Insurance
Code §
38.404(e)(2),
concerning Establishment and Administration of Database.
(4) A member of the stakeholder advisory
group must comply with Government Code §
572.051(a),
concerning Standards of Conduct; State Agency Ethics Policy, to the same extent
as a state officer or employee.
(h) A member may be removed from the
stakeholder advisory group for good cause by the member's designating
entity.
