(a) The health insurance purchasing group may determine what rating characteristics it will allow in the health benefit plan, including, but not limited to, age, sex, industry, geography, or health.
(b) If health is used as a rating characteristic, then the rates for the size groups two through twenty-five (2-25) will be subject to the small group rating law as required in § 23-86-201 et seq. but may be considered separate from any small groups sold outside the health insurance purchasing group.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Chapter 86 - Group and Blanket Accident and Health Insurance
Subchapter 5 - Small Employer Health Insurance Purchasing Group Act of 2001
§ 23-86-503. Health insurance purchasing group organization requirements
§ 23-86-504. Health insurance purchasing group health benefits coverage requirements
§ 23-86-505. Notice requirements
§ 23-86-506. Health insurance purchasing group administrative services to members
§ 23-86-507. Filing and form filing requirements
§ 23-86-508. Prevention of conflicts of interest
§ 23-86-509. Health insurance purchasing group operations and coordination
§ 23-86-512. Health insurance purchasing group health carrier market