AZ HB2124

Amends Arizona insurance insolvency laws to expand the life and disability insurance guaranty fund to cover health care services organizations and their subscribers.

Increases guaranty fund board membership from nine to eleven members and modifies assessment methodologies for long-term care insurance coverage.

Establishes requirements for health care services organizations to maintain plans for insolvency risk and continue provider contract obligations during insolvency proceedings.

Repeals sections 20-1056 and 20-1069 and modifies priority of claim distributions in insolvency proceedings to include provider claims and enrollee claims for health care services.

Effective December 31, 2018.