AN ACT FOR THE DEPARTMENT OF COMMERCE - STATE INSURANCE DEPARTMENT APPROPRIATION FOR THE 2026-2027 FISCAL YEAR.

This bill amends Arkansas insurance laws to require insurers to provide detailed monthly reports to group health policyholders with more than 25 employees. Under the new rules, these reports must include data on premiums, medical and pharmacy claims, and the total number of enrolled members. Additionally, insurers must generate a separate report for any individual member whose claims exceed $10,000, detailing their coverage status and specific claim amounts. These changes directly affect large employers in Arkansas who purchase group health insurance and the insurance companies that issue those policies. The legislation focuses on increasing transparency by ensuring employers receive clearer information about how their health insurance funds are being used.