AR HB1801

Establishes the Mandated Health Benefits Review Act requiring the State Insurance Department to review any proposed new mandated health benefits, amendments to existing mandated health benefits, or amendments to proposals for mandated health benefits

Requires the department to retain an independent actuary to conduct actuarially-based reviews and provide reports to the General Assembly on the medical efficacy and cost-benefit analysis of proposed mandated health benefits

Specifies that department reports must assess information completeness, whether cited research meets professional standards, inclusion of all relevant research, and consistency of conclusions with presented data

Mandates the department evaluate medical efficacy by reviewing clinical trials comparing proposed therapies to no therapy and alternative therapies, or controlled trials for proposed practitioner classes or medical specialties

Requires annual review of a percentage of existing state-mandated health benefits and coverage with findings reported by January 1 each year to the General Assembly, House Speaker, Senate President Pro Tempore, and Department of Finance and Administration