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SB0257

Fiduciary duty in health plan administration.

Latest bill text (Comm Sub) [PDF]

Summary

Fiduciary duty in health plan administration. Provides that any third party administrator, pharmacy benefit manager, employee benefit consultant, or insurance producer acting on behalf of a plan sponsor owes a fiduciary duty to the plan sponsor.

Authors

Authored by Senator Busch

Fiscal Outlook

Title Description Date View
Fiscal NoteFiscal Note #1: Introduced2024-01-11 Click To View

History

Date Chamber Action
2024-01-29SenateSenator Johnson, T added as second author
2024-01-16SenateFirst reading: referred to Committee on Health and Provider Services
2024-01-16SenateAuthored by Senator Busch