Relating to establishment of a shared savings program for health maintenance organizations and preferred provider benefit plans.

SB 884 establishes a shared savings program requiring health maintenance organizations (HMOs) and preferred provider benefit plans in Texas to disclose average contracted rates paid to healthcare providers for covered services. The bill mandates that insurers create a public website showing monthly average rates for specific services and operate a toll-free number for enrollees to request this information. It applies only to medically necessary nonemergency care covered under HMOs (Chapter 843) or preferred provider plans (Chapter 1301). The program aims to increase transparency about provider payment rates, allowing consumers to compare costs directly. This bill was referred to the Health & Human Services Committee but was reported adversely on April 14, 2025.