HB1050 Summary

• Appropriates $13.87 million to the State Insurance Department - Operations for fiscal year 2016-2017, including $7.01 million for regular salaries, $140,000 for extra help, and $2.31 million for personal services matching.

• Establishes a maximum of 189 regular employees for the department's operations and 28 additional employees under the Level One Cooperative Agreement - Federal program for the 2016-2017 fiscal year.

• Appropriates approximately $89.6 million total across 24 separate funding categories, including fraud investigation, prepaid funeral benefits, workers' compensation claims, and federal health insurance programs.

• Restricts the department from using any appropriated funds to advertise, promote, or encourage enrollment in the Arkansas Health Insurance Marketplace or Health Care Independence Program, with limited exceptions for direct communications and solicited inquiries.

• Prohibits the department from allocating funds for state-based health insurance exchange implementation until after the United States Supreme Court decision in King v. Burwell, with an effective date of July 1, 2016.