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Tex. Ins. Code § 1272.154

RESERVE REQUIREMENTS FOR PRESCRIPTION DRUGS

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff

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.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.