SB348

Senate Bill 348 amends Arkansas law regarding the liability of third-party health insurers to the Department of Human Services (DHS) for Medicaid program claims. The bill establishes specific prompt payment guidelines and procedural requirements for these insurers. It mandates that third parties accept Medicaid's right of recovery and pay claims as if they had been billed at the point of sale. Furthermore, it prohibits insurers from denying claims based on a lack of prior authorization if DHS authorized the service, or based on the date of submission if filed within three years. Insurers are also required to respond to claim inquiries within sixty business days.