Arkansas is a leader in price transparency, as it is a state that passed legislation establishing an APCD in the state. The APCD infrastructure is in place to receive and house data. The Arkansas Health Insurance Rate Review Division was awarded a grant from the Centers for Medicare and Medicaid Services/Center for Consumer Information and Insurance Oversight which includes specific funding for an APCD. After a competitive bidding process, the Arkansas Center for Health Improvement was awarded the contract to develop the APCD.
In the 2019 legislative session, the Arkansas legislature enacted the Healthcare Contracting Simplification Act (SB 480) to promote competition and limit market power in provider markets by prohibiting most-favored nation and all-products clauses in provider-insurer contracts. In the 2018 term, Arkansas passed the Arkansas Pharmacy Benefits Manager Licensure Act, which requires PBMs to disclose information to the state and prohibits unfair competitive practices.
2020 Legislative Session: 4/18/2020 - 5/7/2020 (2020 term). *Current session bill updates are ongoing. Check back weekly for updates.
FY 2019-2020 BUDGET
Arkansas enacts budgets on a two-year cycle, beginning July 1 of each odd-numbered year. Arkansas’ new Biennial Budget will take effect on July 1, 2019 and is valid through June 30, 2020. To view Arkansas’ Department of Health 2019-2020 Budget, click here.
REGULATION & ENFORCEMENT
- Controlling Healthcare Costs to Consumers: As of February 2014, the Colorado Division of Insurance will study healthcare costs in the state in response to concern about higher premiums in certain areas of the state. The Division of Insurance explained that it needed new data to justify rate changes to HHS for 2015.
- Colorado Attorney General John W. Suthers has allowed three recent transactions involving non-profit hospitals to proceed without further review under the Hospital Transfer Act, R.S § 6-19-101, et seq., which requires nonprofit hospitals, when sold to for-profit entities, to use the sale proceeds toward a similar charitable activity.
- On August 1, 2014, the AG announced that his office had issued an opinion under the Hospital Transfer Act relating to the proposed transaction between the Sisters of Charity of Leavenworth Health System Inc. (d/b/a SCL Health), Saint Joseph Hospital Inc., and National Jewish Health. This matter was noticed on July 10, 2014. The Attorney General’s office determined that the transaction meets the relevant criteria of the Act and may proceed without further review by the Attorney General.
- On June 28, 2013, the AG announced that his office had issued an opinion under the Hospital Transfer Act relating to the proposed transaction between the Lutheran Hospital Association of San Luis Valley doing business as San Luis Valley Regional Medical Center and Conejos County Hospital Corporation. This matter was noticed on June 24, 2013.
- On October 1, 2012 the AG announced that his office had issued an opinion under the Hospital Transfer Act relating to the proposed transaction between Community First Foundation and Sisters of Charity of Leavenworth Health System, Inc. regarding the Exempla healthcare system. This matter was noticed on July 31, 2012. The Attorney General’s office determined that the transaction had met the relevant criteria of the Act and may proceed without further review by the Attorney General.