23 CAR § 145-101. Purpose

(a) The purpose of this part is to establish licensure and solvency requirements of risk-based provider organizations (RBPOs) participating in the Medicaid Provider-Led Organized Care Act, Arkansas Code § 20-77-2701 et seq. (b) This part: (1) Provides application requirements of the RBPO participating in the program; (2) Addresses standards for imposition of additional amounts of funds above reserve requirements to adjust to risk in Arkansas Code § 20-77-2706(f)(4)(B); (3) Establishes financial reporting requirements of the RBPO; (4) Imposes a reasonable fee for the regulation and licensing of the RBPO by rule under Arkansas Code § 23-61-117(b)(2); and (5) Prescribes the reporting, forms, and requirements related to the payment of the quarterly tax under Arkansas Code § 23-61-117(b)(3).