Solely for purposes of obtaining minimum basic benefit policies pursuant to the authority granted by this chapter, trusts may be formed composed of qualified individuals, qualified families, or qualified groups. Each trust may serve as a master policyholder. Members of qualified groups and members of such trusts may join together solely for the purpose of obtaining health insurance coverage under the provisions of this chapter. The Insurance Commissioner shall adopt rules governing the formation and operation of the trust to assure the protection of persons purchasing policies pursuant to this chapter.
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