Stakeholders in Texas are urging the state legislature to add guardrails to its new arbitration approach to end surprise medical bills. The state’s recently approved surprise billing legislation tackles out-of-network bills through an arbitration process, but some insurers and physician group stakeholders say the process will lead to price gouging and could confuse patients unless regulators add safeguards. In May, Texas lawmakers approved legislation, SB 1264 , to tackle surprise medical bills that includes an arbitration process for insurers and...