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AR SB949
Bill
Status
4/7/2015
Primary Sponsor
Eddie Cheatham
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AI Summary
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Changes the State and Public School Life and Health Insurance Board requirement to a recommendation that active employees in consumer-driven health insurance plans establish health savings accounts if eligible under federal law.
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Updates the implementation date of a policy requiring participating entities to identify funds not required for federal taxes under the Federal Insurance Contributions Act (FICA) generated from health insurance pretaxed premiums from 2014 to 2015 plan year.
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Modifies fund usage language to specify that collected funds shall be used to pay medical claims, drug claims, premiums, benefits, and direct administrative expenses of the program.
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Approved on April 6, 2015.
Legislative Description
To Modify The Health Insurance Benefits For State Employees And Public School Employees; And To Regulate The State And Public School Life And Health Insurance Program.
Last Action
Notification that SB949 is now Act 1135
4/7/2015