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  89R2289 SCL-F     By: Wharton H.B. No. 3508       A BILL TO BE ENTITLED   AN ACT   relating to an insurer's responsibility to review and audit a   third-party administrator.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  The heading to Section 4151.1042, Insurance   Code, is amended to read as follows:          Sec. 4151.1042.  RESPONSIBILITIES OF INSURER; [ SEMIANNUAL ]   AUDIT AND REVIEW REQUIREMENTS .          SECTION 2.  Section 4151.1042(c), Insurance Code, is amended   to read as follows:          (c)  If an administrator administers benefits for more than   100 certificate holders, injured employees, plan participants, or   policyholders on behalf of an insurer, the insurer shall, at least   semiannually, conduct a review of the operations of the   administrator. At least biennially, the insurer shall conduct an   [ on-site ] audit of the operations of the administrator.          SECTION 3.  This Act takes effect September 1, 2025.