The bill aims to amend the Arkansas Medicaid Program by removing the reimbursement cap on pediatric bone marrow transplant services. Specifically, it introduces a new section, 20-77-148, which mandates that the Arkansas Medicaid Program eliminate any limits on reimbursement for these critical medical services. This change is intended to ensure that children requiring bone marrow transplants receive the necessary financial support without the constraints of a reimbursement cap.

Additionally, the bill requires the Department of Human Services to seek any necessary federal waivers, Medicaid state plan amendments, or other authorizations to effectively implement this new provision. By doing so, the legislation seeks to enhance access to essential medical treatments for pediatric patients in Arkansas, thereby improving health outcomes for children in need of bone marrow transplants.