Rule 49

Michael Preston SECRETARY OF COMMERCE AID '''''' * * December 28, 2020 BULLETIN NO. 33-2020 Alan McClain INSURANCE COMMISSIONER, ARKANSAS INSURANCE DEPARTMENT TO: ALL LICENSED INSURERS, HEALTH MAINTENANCE ORGANIZATIONS (HMOs), HOSPITAL AND MEDICAL SERVICE CORPORATIONS, TITLE INSURERS, AND OTHER INSURING ENTITIES REPORTING TO THE INSURANCE COMMISSIONER, INSURER TRADE ASSOCIATIONS, NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS AND OTHER INTERESTED PARTIES FROM: SUBJECT: ARKANSAS INSURANCE DEPARTMENT ARKANSAS INSURANCE DEPARTMENT RULE 49 In 2019, the Arkansas General Assembly passed Act 520, amending the Arkansas Life and Health Guaranty Association Act to include health maintenance organizations to the entities covered by the Guaranty Fund. The Arkansas Insurance Department has amended Rule 49 to include appropriate language and new forms to include health maintenance organizations. Health maintenance organizations will be allowed ninety (90) days from the effective date of Rule 49 to comply with the amended provisions. N McCLAIN INSURANCE COMMISSIONER STATE OF ARKANSAS D jrp.-ag- a-oolo Arkansas Deportment of Commerce Arkansas Insurance Department 1 Commerce Way, Suite 102 • Little Rock, AR 72202 INSURANCE.ARKANSAS.GOV