AR Insurance Bulletin 11-81

Act 445 Of 1981

Year: 1981Length: 331 wordsOfficial source
HL ST s, %%•„ 6„, • W. H. L. Woodyard 111 Insurance Commissioner ARKANSAS INSURANCE DEPARTMENT 400 University Tower Building le Little Rock, Arkansas 72204 May 13, 1981 BULLETIN NO. 11-81 TO: ALL DISABILITY INSURERS LICENSED IN THE STNIE OF ARKANSAS FROM: INSURANCE COMMISSIONER OF THE STATE OF ARKANSAS RE: ACT 445 of 1981 Ph. 501 371-1325 Act 445 of 1981 requires that, if coverage is provided for certain services when delivered on an inpatient basis, identical coverage must be provided for the services when delivered on an outpatient basis. These services are: a) Laboratory and Pathological Tests; b) X-Rays; c) Chemotherapy; d) Radiation Treatment; and e) Renal Dialysis. This Act is effective March 12, 1981, and applies to all disability policies and contracts sold, delivered or issued for delivery on or after this date. Existing group contracts shall conform upon the first anniversary of the issue date after March 12, 1981. The Act provides that the policyholder may reject this required coverage in writing. The written rejection by the policyholder must be made a part of the policy. The Insurance Department will not specify the method used by the company, however, the company must describe the method to be used when filing policies for approval. All claims under contracts affected by this Act must be processed in compliance with this Act without regprd for conflicting policy language. All policies approved which are not in compliance must be brought into compliance by September 1, 1981. This may be accomplished by the use of endorsements or riders. No policy or contract will be approved which contains provisions in conflict with this Act or which does not include appropriate procedures for written rejection by the policyholder if the company allows such rejection. Interested persons may obtain copies of Act 445 of 1981 by writing: Secretary of State State Capitol Building Little Rock, AR 72201 W. H. L. Woodyard( III Insurance Commissioner AN AGENCY OF THE ARKANSAS DEPARTMENT OF COMMERCE An equal opportunity employer
AR Insurance Bulletin 11-81: Act 445 Of 1981 | Justis AI