The General Assembly finds that the cost of health insurance coverage is not affordable for many small businesses, their employees, self-employed persons, and other individuals, and that as a result hundreds of thousands of Arkansas citizens do not have any health insurance coverage. It is the intent of the General Assembly to reduce the cost of health insurance for these citizens by:
(1) Authorizing the development of new classes of hospital and medical insurance coverage for qualified groups, families, and individuals; and
(2) Authorizing the Insurance Commissioner to develop means to assist in limiting the marketing and administrative costs of certain of such new classes of insurance coverage.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Chapter 98 - Minimum Basic Benefit Policies and Subscription Contracts
§ 23-98-101. Legislative findings
§ 23-98-103. Notices and hearings before adopting rules
§ 23-98-104. Formation of trusts of qualified individuals
§ 23-98-105. Issuance of minimum basic benefit policies permitted — Applicability
§ 23-98-106. Minimum basic benefits
§ 23-98-107. Disclosure requirements for minimum basic benefit policies
§ 23-98-108. Notice of minimum basic benefit policies — Payroll deduction
§ 23-98-109. Managed care and cost control provisions
§ 23-98-110. Approval of forms and rates
§ 23-98-111. Record-keeping and reporting requirement for insurers