(a) The provisions of this subchapter are supplemental to the other provisions of the laws of this state and shall not preclude or limit any other powers or duties of the Insurance Commissioner under those laws.
(b) The commissioner may adopt reasonable rules necessary for the implementation of this subchapter.
(c) The commissioner may exempt from the application of this subchapter:
(1) A domestic health organization that:
(A) Writes direct business only in this state;
(B) Assumes no reinsurance in excess of five percent (5%) of direct premium written; and
(C) Writes direct annual premiums for comprehensive medical business of two million dollars ($2,000,000) or less; or
(2) A domestic health organization that is a limited benefit health maintenance organization.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Chapter 63 - Insurance Companies Generally
Subchapter 15 - Risk-Based Capital Requirements for Health Maintenance Organizations
§ 23-63-1503. Company action level event
§ 23-63-1504. Regulatory action level event
§ 23-63-1505. Authorized control level event
§ 23-63-1506. Mandatory control level event
§ 23-63-1508. Confidentiality and prohibition on announcements — Prohibition on use in ratemaking
§ 23-63-1509. Supplemental provisions — Rules — Exemption