HB1242

House Bill 1242 amends Arkansas law to permit certain retired public school employees to access pharmacy benefits through the State and Public School Life and Health Insurance Program. The bill specifically applies to retirees who are enrolled in the state insurance program but do not participate in a Medicare Advantage plan offered by the Employee Benefits Division. Under this legislation, these retirees are granted the option to enroll in the program's pharmacy benefit plan. However, the retiree is required to pay the full cost of these pharmacy benefits. The bill establishes the regulatory framework for this inclusion and defines the specific eligibility criteria for retired public school employees.