SB548 Summary

• Amends Arkansas Code § 23-99-1301(3)(B) to exclude vision-only plans from the definition of "health benefit plan" in assignment of benefits laws.

• Requires healthcare providers to notify payors when they receive an assignment of benefits from an enrollee, and out-of-network providers must submit a complete copy bearing the enrollee's signature and execution date.

• Mandates payors promptly remit payment directly to the healthcare provider upon receipt of assignment notice and written notice to the enrollee, with violations constituting unfair trade practices under § 23-66-206.

• For dental-only plans, requires annual enrollee consent for assignment of benefits and mandates providers give written notice before service detailing non-participating status, potential charges, cost estimates, and payment terms.

• Effective January 1, 2024, and requires the Insurance Commissioner to promulgate compliance rules.