AR SB142

Adds definitions for "third party" and "network leasing" to the Healthcare Contracting Simplification Act, establishing that a third party is an entity gaining access to healthcare networks or contractual discounts through leasing arrangements

Prohibits contracting entities from offering healthcare contracts with all-products clauses that require providers to serve in multiple networks or health benefit plans, except when plans have identical reimbursement rates and financial terms

Declares violations of all-products clause prohibitions to be unfair trade practices under Arkansas law, making violating healthcare contracts void

Allows healthcare insurers to require participation in the State and Public School Life and Health Insurance Program if rates offered to providers are no lower than rates under other health benefit plans

Permits dentists licensed under the Arkansas Dental Practice Act to opt out of third-party network access provisions in healthcare contracts without insurer retaliation or contract termination