Title I, SEC. 1552. STANDARD FOR GUARANTY FUNDS. (a) In General. In consultation with the States, the Board shall establish standards for guaranty funds established by States under section 1204(c). (b) Guaranty Fund Standards. The standards established under subsection (a) for a guaranty fund shall include the following: (1) Each fund must have a method to generate sufficient resources to pay health providers and others in the case of a failure of a health plan (as described in section 1204(d)(4)) in order to meet obligations with respect to (A) services rendered by the health plan for the comprehensive benefit package, including any supplemental coverage for cost sharing provided by the health plan, and (B) services rendered prior to health plan insolvency and services to patients after the insolvency but prior to their enrollment in other health plans. (2) The fund is liable for all claims against the plan by health care providers with respect to their provision of items and services covered under the comprehensive benefit package to enrollees of the failed plan. Such claims, in full, shall take priority over all other claims. The fund also is liable, to the extent and in the manner provided in accordance with rules established by the Board, for other claims, including other claims of such providers and the claims of contractors, employees, governments, or any other claimants. (3) The fund stands as a creditor for any payments owed the plan to the extent of the payments made by the fund for obligations of the plan. (4) The fund has authority to borrow against future assessments (payable under section 1204(c)(2)) in order to meet the obligations of failed plans participating in the fund.