ArkansasHB15952025 Regular SessionHouseWALLET

TO ENACT THE STATE INSURANCE DEPARTMENT'S GENERAL OMNIBUS AMENDMENT OF ARKANSAS INSURANCE CODE.

Sponsored By: Justin Boyd (Republican), Trey Steimel (Republican)

Enacted

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Bill Overview

Analyzed Economic Effects

5 provisions identified: 1 benefits, 1 costs, 3 mixed.

Arkansas ends its high-risk health pool

The law repeals Arkansas's Comprehensive Health Insurance Pool Act, ending the program's coverage, eligibility, funding, and insurer-assessment rules. It removes the pool's six-month wait for some preexisting-condition costs and related waivers with premium surcharges up to 10%. It also removes rules for recovering pool payments, collecting from third parties, and requiring consent for settlements. The pool board's specific duty to protect applicant and member records ends; other privacy laws are not repealed. These repeals do not create replacement coverage or new premium rules.

Workers' compensation plan must help employers

When the commissioner delegates workers' compensation plan work, the administrator must have enough staff and equipment to provide those services. The administrator need not maintain an Arkansas office. The administrator and its Arkansas personnel must help employers and agents resolve servicing-carrier problems and complaints. Complaint records go to the commissioner within 60 days after each calendar year or upon request. The law does not set a direct premium change.

Court-paper delivery rules for Arkansas insurers

In Arkansas lawsuits against domestic insurers, court papers must be delivered only as the Arkansas Rules of Civil Procedure allow. The law sets the permitted process without changing insurance coverage, premiums, or benefit amounts.

Reciprocal insurer attorneys must file bonds

Attorneys for domestic or foreign reciprocal insurers must file a bond when filing the insurer's declaration. The attorney and an authorized corporate surety must sign it, and the Arkansas Insurance Commissioner must approve it. The bond benefits people harmed by a breach, while adding a compliance requirement for insurer attorneys.

Health service corporations face fewer examinations

Arkansas hospital and medical service corporations must be examined at least once every five years, instead of every three years. This reduces their required examination burden and the frequency of mandatory oversight. The law does not specify changes to members' premiums, coverage, or benefits.

Sponsors & Cosponsors

Sponsors

  • Justin Boyd

    Republican • Senate

  • Trey Steimel

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 128 • No: 0

Senate vote • 3/17/2025

Senate Vote - Monday, March 17, 2025 3:54:44 PM

Yes: 34 • No: 0

House vote • 3/6/2025

House Vote - Thursday, March 6, 2025 2:20:52 PM

Yes: 94 • No: 0

Actions Timeline

  1. Notification that HB1595 is now Act 349

    3/20/2025House
  2. Correctly enrolled and ordered transmitted to the Governor's Office.

    3/18/2025House
  3. TO BE ENROLLED

    3/17/2025House
  4. Returned from the Senate as passed.

    3/17/2025House
  5. Returned to the House as passed.

    3/17/2025Senate
  6. Read the third time and passed.

    3/17/2025Senate
  7. Returned by the Committee, with the recommendation that it Do Pass

    3/13/2025Senate
  8. Read first time, rules suspended, read second time, referred to INSURANCE & COMMERCE - SENATE

    3/6/2025Senate
  9. Received from the House.

    3/6/2025Senate
  10. Read the third time and passed and ordered transmitted to the Senate.

    3/6/2025House
  11. Returned by the Committee Do Pass

    3/5/2025House
  12. Read the first time, rules suspended, read the second time and referred to the Committee on INSURANCE & COMMERCE- HOUSE

    2/26/2025House
  13. Filed

    2/26/2025House

Bill Text

  • HB1595 - Introduced

    2/26/2025

  • Act Version

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