Texas Children'S Health Plan

“The annual process for determining compensation includes: - review and approval by governing body and compensation committee, provided that persons with a conflict of interest with respect to the compensation arrangement at issue were not involved. - comparable compensation data for similarly qualified persons in functionally comparable positions at similarly situated organizations. - contemporaneous documentation and record keeping with respect to deliberations and decisions regarding total compensation.”

“Texas children's is the sole corporate member of texas children's health plan.”

“Texas children's, as the sole member corporation, has the authority to elect the board of directors of the organization.”

“Per the organization's bylaws the member has certain reserved powers: - approve, interpret or change the purpose of the corporation. - fix the number, appoint or remove, with or without cause, any director of the corporation. - approve the merger, dissolution or consolidation or reorganization of the corporation. - approve the acquisition, sale, lease, transfer, or other alienation of property of the corporation, other than in the usual and regular course of the corporation's business, when such acquisition, sale, lease, transfer or other alienation is above specific financial levels set in accordance with policies established from time to time by the member. - approve capital and operating budget of the corporation. - adoption or amendment of salaries or other compensation (including the awarding of any incentive compensation) of the officers of the corporation, physician employees of the corporation, if any, and physicians who are independent contractors of the corporation, if any. - approve debt incurred by the corporation, which is in excess of such limits as are established by the member. - approve the disposition of assets of the corporation at the time of its dissolution. - approve any long-range financial or strategic plans for the corporation. - selection of the corporation's auditors. - designation of additional or successor member(s). - take any action which would be consistent with the governing documents or policies of the member.”

“No such committees exist.”

“Per a resolution approved by the member's board of trustees, the member board's audit, compliance, & risk committee has delegated authority to review the organization's completed Form 990 prior to filing. Following the audit, compliance, & risk Committee's review and approval, the completed Form 990 is shared with the members of the organization's board of directors and board of trustees prior to filing with the IRS.”

“The organization consistently monitors and enforces the conflict of interest policy through two separate processes, one that applies to the board members, and a second that applies to officers and key employees. 1) board members: per the organization's board-approved conflicts review process, responses to the annual conflicts questionnaire are reviewed by the member's board leadership and presented to the member's audit, compliance, & risk committee. If the committee deems there are any significant issues, the responses are then reviewed by the member board's executive committee and any required action (recusement from board deliberations related to the conflict, etc.) is taken in accordance with the organization's board-approved code of conduct. 2) officers / key employees: per the organization's board approved conflicts review process, responses to the annual conflicts questionnaire are reviewed by the compliance services department. If the department deems there are any significant issues, required action is taken in accordance with the organization's board-approved code of conduct and the board is notified of such actions.”

“All governing documents, conflict of interest policy, & financial statements are available to the public upon request.”

“CHANGE IN NON-ADMITTED ASSETS - -1686967; Total - -1686967;”

“Texas children's health plan does benefit from excess liability and property insurance policies issued by foreign insurers. The premiums for these policies are paid by texas children's hospital with an expense allocation to texas children's health plan.”