Each party shall maintain at all times insurance coverage at no less than the state’s minimum requirements to provide adequate professional and comprehensive general liability insurance covering each party, its employees and agents against liability arising in connection with that party’s performance of this Agreement. For the Health Plan, such coverage shall include but not be limited to re-insurance or excess claims liability insurance and insolvency protection for inpatient claims. In the event that either party shall utilize the services of any third-party or designee, that party shall ensure that such third-party or designee shall be in compliance with this provision. Each party shall provide the other upon request with evidence of its compliance with this requirement. Each party shall notify the other party within thirty (30) days in the event of the cancellation, expiration, or material reduction in such coverage.
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