Section 21.5406 - Stakeholder Advisory Group Terms(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.28 Tex. Admin. Code § 21.5406
Adopted by Texas Register, Volume 47, Number 23, June 10, 2022, TexReg 3475, eff. 6/16/2022; Amended by Texas Register, Volume 49, Number 47, November 22, 2024, TexReg 9556, eff. 11/28/2024