Tex. Ins. Code § 1272.154
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
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.
Tex. Ins. Code § 1272.154