§ 23-61-801. Title

This subchapter shall be known and may be cited as the “Arkansas Health Insurance Marketplace Act”.

§ 23-61-802. Definitions

As used in this subchapter: (1) “Federal act” means the federal healthcare laws established by Pub. L. No. 111-148, as amended by Pub. L. No. 111-152, and any amendments to or regulations or guidance issued under those statutes existing on April 23, 2013; (2) (A) “Health benefit plan” means a policy, contract, certificate, or agreement […]

§ 23-61-803. Arkansas Health Insurance Marketplace

(a) The Arkansas Health Insurance Marketplace is created as a division within the State Insurance Department. (b) The State Insurance Department shall plan and administer the Arkansas Health Insurance Marketplace and employ necessary staff. (c) The State Insurance Department shall keep an accurate accounting of all activities, receipts, and expenditures on behalf of the Arkansas […]

§ 23-61-804. Duties of Arkansas Health Insurance Marketplace

(a) The Arkansas Health Insurance Marketplace shall: (1) Implement procedures and criteria for the certification, recertification, and decertification of health benefit plans as qualified health plans in compliance with state and federal law; (2) Provide for the operation of a toll-free telephone hotline to respond to requests for assistance; (3) Require that a health carrier […]

§ 23-61-805. Funding — Publication of costs

(a) (1) The General Assembly shall establish a reasonable initial assessment or user fee and reasonable increases or decreases in the amount of future assessments or user fees and penalties and interest charges for nonpayment of an assessment or user fee charged to participating health insurers for the efficient operation of the Arkansas Health Insurance […]

§ 23-61-806. Rules

(a) The Insurance Commissioner may promulgate rules to implement this subchapter. (b) Rules promulgated under this section shall not conflict with or prevent the application of regulations promulgated by the Secretary of the United States Department of Health and Human Services under the federal act.

§ 23-61-807. Relation to other laws

(a) This subchapter is amendatory to the Arkansas Insurance Code. (b) Provisions of the Arkansas Insurance Code that are not in conflict with this subchapter are applicable to this subchapter. (c) This subchapter and actions taken by the Arkansas Health Insurance Marketplace under this subchapter shall not be construed to preempt or supersede the authority […]