(a) A reimbursement insurance policy that a provider uses to comply with Sections 1304.1025 and 1304.151(a)(1) must state that: (1) the insurer that issued the policy shall: (A) reimburse or pay on behalf of the provider any covered amount the provider is legally obligated to pay; or (B) provide the service that the provider is legally obligated to perform according to the provider's contractual obligations under the insured service contract; (2) if the covered service is not provided to a service
(a) In addition to the requirements of Section 1304.102, an applicant for issuance or renewal of a provider registration must file with the application: (1) the reimbursement insurance policy, if the provider is using a reimbursement insurance policy to meet the financial security requirements of Section 1304.151; (2) the financial security deposit and the documentation required by the department demonstrating adequate funding of the reserve account, if the provider is using a funded reserve account