The proposed bill would amend current statutes by adding a prohibition against dental insurers and their holding companies from holding any ownership interest in business organizations that provide professional services regulated by the Arizona Board of Dental Examiners (BODEX). This new provision would be inserted as subsection O in section 32-1213, which currently outlines exemptions from registration requirements for certain business entities.

Additionally, the bill introduces definitions for "dental insurer" and "holding company," clarifying the types of organizations affected by this prohibition. The definition of a dental insurer aligns with existing language in section 20-126, while the definition of a holding company specifies that it includes various forms of business organizations that hold significant ownership or voting rights in a dental insurer. These changes aim to ensure that dental insurers do not have conflicting interests in the provision of dental services.

Statutes affected:
Introduced Version: 32-1213
House Engrossed Version: 32-1213
Chaptered Version: 32-1213