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AR SB343
Bill
Status
3/16/2015
Primary Sponsor
Jim Hendren
Click for details
AI Summary
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Prohibits Arkansas from implementing a state-based health insurance exchange under the Affordable Care Act until after the U.S. Supreme Court issues a decision in King v. Burwell, which was expected before July 1, 2015
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Establishes that the federally-facilitated exchange partnership model operating in Arkansas would transfer to the Arkansas Health Insurance Marketplace on July 1, 2015, only if approved by the U.S. Department of Health and Human Services and the Marketplace's Board of Directors
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If the Supreme Court ruling allows subsidies for state-based exchanges but not federal exchanges, the General Assembly must pass a future act to determine Arkansas's appropriate exchange type
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If the Supreme Court ruling allows subsidies for both state-based and federal exchanges, the Arkansas Health Insurance Marketplace retains authority to implement a state-based exchange without restriction
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Approved March 12, 2015
Legislative Description
To Prohibit The Establishment Through State Law Of A State-based Health Insurance Exchange In This State Under The Patient Protection And Affordable Care Act And The Health Care And Education Reconciliation Act Of 2010.
Last Action
Notification that SB343 is now Act 398
3/16/2015