Stricken language would be deleted from and underlined language would be added to present law.
Act 939 of the Regular Session
1 State of Arkansas As Engrossed: S4/20/21
2 93rd General Assembly A Bill
3 Regular Session, 2021 SENATE BILL 664
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5 By: Senator G. Leding
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7 For An Act To Be Entitled
8 AN ACT TO EXEMPT HEALTH SAVINGS ACCOUNT-QUALIFIED
9 HEALTH INSURANCE POLICIES FROM CERTAIN INSURANCE
10 REQUIREMENTS; TO CLARIFY THE COVERAGE OF DIAGNOSTIC
11 EXAMINATIONS FOR BREAST CANCER UNDER CERTAIN PLANS;
12 AND FOR OTHER PURPOSES.
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15 Subtitle
16 TO EXEMPT HEALTH SAVINGS ACCOUNT-
17 QUALIFIED HEALTH INSURANCE POLICIES FROM
18 CERTAIN INSURANCE REQUIREMENTS; AND TO
19 CLARIFY THE COVERAGE OF DIAGNOSTIC
20 EXAMINATIONS FOR BREAST CANCER UNDER
21 CERTAIN PLANS.
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24 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:
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26 SECTION 1. Arkansas Code Title 23, Chapter 79, Subchapter 1, is
27 amended to add an additional section to read as follows:
28 23-79-164. Health savings account-qualified health insurance policy
29 Exemption Definition.
30 (a) As used in this section, "health savings account-qualified health
31 insurance policy" means a policy of individual or group health insurance
32 coverage that satisfies the criteria for a high deductible health plan under
33 26 U.S.C. 223, as it existed on January 1, 2021.
34 (b) A health savings account-qualified health insurance policy is
35 exempt from a prohibition on cost-sharing requirements for a covered benefit
36 that is required under state law to the extent the exemption is necessary to
*ANS377* 04-20-2021 13:41:31 ANS377
 As Engrossed: S4/20/21 SB664
1 meet the criteria for a health savings account-qualified health insurance
2 policy.
3 (c) This section does not apply to any coverage required by state law
4 that pertains to preventive care as defined by regulation or guidance issued
5 by the United States Department of the Treasury under 26 U.S.C. 223, as it
6 existed on January 1, 2021, with respect to any health savings account-
7 qualified health insurance policy issued, delivered, amended, or renewed
8 while the regulation or guidance issued by the United States Department of
9 the Treasury is effective.
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12 /s/G. Leding
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15 APPROVED: 4/27/21
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Statutes affected:
Old version SB664 Original - 4-8-2021 04:37 PM: 23-79-140(a)