Effective September 1, 2001, the portion of the rate accruing from reported general liability insurance costs will only be disbursed to providers certifying that they have purchased general liability insurance acceptable to HHSC and the portion of the rate accruing from reported professional liability insurance costs will only be disbursed to providers certifying that they have purchased professional liability insurance acceptable to HHSC. Providers who cancel or fail to renew their liability coverage during a rate year must notify HHSC within two weeks of the effective date of their cancellation or failure to renew.

Source Note:The provisions of this §355.312 adopted to be effective December 1, 2001, 26 TexReg 9565.