Tex. Insurance Code § 1272.154
This is the official text of Tex. Insurance Code § 1272.154, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 1272.154. RESERVE REQUIREMENTS FOR PRESCRIPTION DRUGS.
Official statutory text
A delegated network that assumes financial risk for medical care or hospital or institutional services and for prescription drugs, as defined by Section 551. 003, Occupations Code, shall maintain, in addition to any other reserves required under this subchapter, reserves adequate to cover the liabilities and risks associated with the prescription drug benefits.
Status: in_force · Read it on the official government site
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