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AR HB1272
Bill
Status
4/11/2023
Primary Sponsor
Lee Johnson
Click for details
AI Summary
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Prohibits healthcare insurers from leasing, renting, or selling healthcare contracts or provider networks to other insurers or third-party administrators, or allowing their use by such entities in any manner.
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Violations of the prohibition are classified as unfair trade practices under Arkansas law and subject to the Trade Practices Act, with violating contract provisions rendered void.
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Permits sharing of provider networks with affiliates or entities operating under the same brand licensee program without restriction.
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Allows exceptions to the prohibition if the insurer provides notice of intent to lease/rent/sell, gives healthcare providers the opportunity to opt out, and provides contact information for the entity using the network.
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Amends definitions in the Healthcare Contracting Simplification Act to include dental-only plans as health benefit plans and healthcare insurers, and defines "affiliate" as an entity that controls, is controlled by, or shares common control with a healthcare insurer.
Legislative Description
To Amend The Healthcare Contracting Simplification Act; And To Prohibit A Healthcare Insurer From Leasing A Healthcare Contract Or Provider Network.
Last Action
Notification that HB1272 is now Act 576
4/11/2023