Effective date for existing contracts
Arkansas Code § 23-61-108; Arkansas Code § 23-85-132; Arkansas Code § 23-86-111
(a) A contract that provides healthcare benefits and that was issued before the effective date of this part shall be brought into compliance with this part by:
(1) The later of:
- (A) The next anniversary date or renewal date of the contract; or
- (B) Twelve (12) months following July 1, 2010; or
- (2) The expiration of any applicable collectively bargained contract pursuant to which it was written.
- (b) For the transition period between the adoption of this part and the timeframe for which plans are to be in compliance pursuant to subsection (a) of this section, a plan that is subject to the prior COB requirements shall not be considered a noncomplying plan by a plan subject to the new COB requirements, and if there is a conflict between the prior COB requirements under the prior rule and the new COB requirements under the amended rule, the prior COB requirements shall apply.