Title I, SEC. 1394. DISCLOSURE AND RESERVE REQUIREMENTS. 
      (a) In General. The Secretary of Labor shall ensure that each corporate 
    alliance health plan which is a self-insured plan maintains plan assets in 
    trust as provided in section 403 of the Employee Retirement Income Security 
    Act of 1974 

        (1) without any exemption under section 403(b)(4) of such Act, and 

        (2) in amounts which the Secretary determines are sufficient to provide 
      at any time for payment to health care providers of all outstanding 
      balances owed by the plan at such time. 

        The requirements of the preceding sentence may be met through letters 
      of credit, bonds, or other appropriate security to the extent provided in 
      regulations of the Secretary. 

      (b) Disclosure. Each self-insured corporate alliance health plan shall 
    notify the Secretary at such time as the financial reserve requirements of 
    this section are not being met. The Secretary may assess a civil money 
    penalty of not more than $100,000 against any corporate alliance for any 
    failure to provide such notification in such form and manner and within 
    such time periods as the Secretary may prescribe by regulation.