AR HB1930

Mandates minimum reimbursement rates for healthcare providers based on weighted average commercial-to-Medicare ratios in adjoining states (Louisiana, Mississippi, Missouri, Oklahoma, Tennessee, and Texas), using RAND Corporation data

Phases in minimum reimbursement levels: 85% of the benchmark on January 1, 2026; 95% on January 1, 2027; and 100% on January 1, 2028

Applies to most commercial health benefit plans but excludes Medicaid, the Arkansas Health and Opportunity for Me Program, state/public school employee plans, ACA marketplace plans for individuals up to 400% of federal poverty level, and workers' compensation

Requires the Insurance Commissioner to publish minimum reimbursement levels annually beginning September 1, 2025, and grants authority to revoke or suspend insurers' licenses for violations

Violators must repay healthcare providers all underpaid amounts plus 8% interest and 5% administrative fees; disputes must be resolved by the Commissioner within 60 days