The proposed bill aims to establish a new reimbursement rate for mental health services and addiction-related services within the Arkansas Medicaid Program. It introduces a new section, 20-77-154, which mandates that the reimbursement rate for these services be set at a minimum of 100% of the Medicare reimbursement rate for comparable services. Additionally, the bill stipulates that the Arkansas Medicaid Program must reimburse for any mental health or addiction-related services that are offered in surrounding states.

Furthermore, the bill requires the Department of Human Services to seek any necessary federal waivers, Medicaid state plan amendments, or other authorizations to implement these changes effectively. This legislation is designed to enhance the accessibility and quality of mental health and addiction services for Arkansas residents by ensuring that providers are adequately compensated for their services.