{"data":{"id":"us-tx/tex.-insurance-code-1272.154","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 1272.154","heading":"RESERVE REQUIREMENTS FOR PRESCRIPTION DRUGS.","body":"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.\nAdded by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.","path":["INSURANCE CODE","TITLE 8. HEALTH INSURANCE AND OTHER HEALTH COVERAGES","SUBTITLE C. MANAGED CARE","CHAPTER 1272. DELEGATION OF CERTAIN FUNCTIONS BY HEALTH MAINTENANCE ORGANIZATION","SUBCHAPTER D. RESERVE REQUIREMENTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1272.htm#1272.154","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"0fa66e7246083d945a817f92806249e2c92d5d18bd92f4ba28a1cf12ef61c3f5","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-1272.153","next":"us-tx/tex.-insurance-code-1272.155"},"notice":"GroundRules: Original legal text. Not legal advice."}