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95 chapters · 3,921 sections in this title.
Ark. Code Ann. § 23-92-101 Registration or licensure required
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(a) “Multiple employer welfare arrangement” has the same meaning as under 29 U.S.C. § 1002(40), as it existed on January 1, 2019. (b) (1) A fully insured multiple employer trust and fully insured multiple employer welfare arrangement that intends to provide benefits to citizens o…
Ark. Code Ann. § 23-92-201 Definition
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(1) As used in this subchapter, “third-party administrator”:(1) Means a person, firm, or partnership that collects or charges premiums from or adjusts or settles claims on residents of this state in connection with life or accident and health coverage provided by a self-insured p…
Ark. Code Ann. § 23-92-202 Written agreement required
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A third-party administrator may act in that capacity only if he or she has a written agreement with a self-insured plan or trust. The agreement shall be maintained by the third-party administrator and subject to review by the Insurance Commissioner.
Ark. Code Ann. § 23-92-203 Certificate of registration
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(a) No person shall act or hold himself or herself out as an administrator unless he or she obtains a certificate of registration from the Insurance Commissioner. (b) The certificate may be obtained by submitting an application on a form prescribed by the commissioner, paying a t…