HB 1515 – Arkansas
Status: EnactedYear Introduced: 2021
Link: https://www.arkleg.state.ar.us/Bills/Detail?tbType=&id=hb1515&ddBienniumSession=2021%2F2021R
To Amend The Medicaid Provider-led Organized Care Act; And To Prohibit Ownership Interest In More Than One (1) Risk-based Provider Organization. For risk-based provider organizations issued contracts with the Arkansas Medicaid Program before July 1, 2021, the carrier or participating provider having beneficial ownership in more than one (1) risk-based provider organization as identified by the Insurance Commissioner shall eliminate the conflicting ownership by beginning honest, good-faith negotiations to divest ownership in one (1) or more risk-based organizations through the purchase or redemption of the ownership interest causing the conflict on commercially reasonable terms on or before January 1, 2023.
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