HB1771

House Bill 1771 amends Arkansas Code § 23-86-119 regarding disclosures that insurers must provide to group health insurance policyholders. The bill increases the eligibility threshold for these requests from policyholders with more than 25 insured employees to those with more than 50. It mandates that insurers provide detailed monthly reports on premiums, claims (separated into medical and pharmacy), and enrollment numbers upon request. Additionally, the bill requires the creation of a 'high-cost claimant report' for members with claims exceeding $10,000, detailing their coverage status and monthly claims data. Insurers are required to fulfill these requests within 30 days, though policyholders are limited to requesting these reports no more than once per quarter. The bill explicitly stipulates that all disclosures must remain in compliance with the Health Insurance Portability and Accountability Act (HIPAA) to protect member identity.