Rule detail : 247877

ARK LEG Omnibus Health Insurance Bill

Published on: Mar 25, 2025

ARK LEG approved bill HB 1595 to enact general omnibus insurance code amendment.
ARK INS 23-67-304, ARK INS 23-70-110, ARK INS 23-75-114, ARK INS 23-79-205.
Repealed the Comprehensive Health Insurance Pool Act (ARK INS 23-79-501, et seq.)
Bill Provisions
Made updates to provisions regarding workers compensation plan for coverage.
Clarified an attorney’s bond requirement and exceptions for reciprocal insurers.
Amended law concerning examinations of hospital and medical service corporations.
Updated reference in rule concerning service of process in suits involving insurers.
Bill repealed the Arkansas Comprehensive Health Insurance Pool Act in its entirety.
Legislative History
On Feb. 26, 2025, bill introduced into House; on Mar. 6, 2025, bill passed the House.
On Mar. 6, 2025, bill introduced into Senate; on Mar. 17, 2025, bill passed the Senate.
On Mar. 20, 2025, bill was approved by the governor, and was assigned as Act 349.
Effectiveness
Act effective 91 days after legislature adjourned sine die (May 5), so Aug. 4, 2025.

Regulators

ARK LEG

Entity Types

Corp; Ins

Reference

PR, Act 349, Bill, HB1595, 3/20/2025; Citation: *ARK INS* 23-67-304, 23-70-110, 23-75-114, 23-79-205, 23-79-501;

Functions

Claims/Accelerated Benefits; Compliance; Exams; Legal; Operations; Registration/Licensing

Countries

United States of America