Ark. Code § 23-64-612

Current with legislation from 2024 Fiscal and Special Sessions.
Section 23-64-612 - [See Note] Authority - Grants and contracts
(a) The health insurance marketplace in this state may accept grants or contract with a governmental or nongovernmental entity that uses navigators or guides on the conditions the health insurance marketplace finds to be in the best interest of the citizens of this state if the governmental or nongovernmental entity:
(1) Has a physical business location to conduct business with this state and its service area;
(2) Is considered to be competent, trustworthy, financially responsible, and of a good business reputation;
(3) Continues the qualifications under subdivision (a)(2) of this section during the contract;
(4) Requires the members of management of the governmental or nongovernmental entity to complete instruction in health benefit plans or health insurance, the provisions of the federal act for a health insurance marketplace in this state, and the medical assistance programs of this state through a training program approved by the Insurance Commissioner for the required minimum hours; and
(5) Furnishes to the commissioner information concerning the identity and background of the members of management of the governmental or nongovernmental entity, including criminal and regulatory background checks.
(b) Each nongovernmental business entity shall pay a reasonable annual licensure fee that is established by rule.
(c) A grant or contract under this section is not transferable.

Ark. Code § 23-64-612

Added by Act 2013, No. 1439,§ 1, eff. when (1) The United States Department of Health and Human Services or other responsible federal agency or federal official notifies the Governor, the Insurance Commissioner, or other responsible state agency or state official pursuant to the federal healthcare laws established by Pub. L. No. 111-148, as amended by Pub. L. No. 111-152, and any amendments thereto, or regulations or guidance issued under those federal statutes; or (2) A health insurance marketplace is initiated and is operable in this state..