(a) This subchapter is applicable to a contract or health benefit plan issued, renewed, recredentialed, amended, or extended on and after September 1, 2018.(b) A contract existing on the date of licensure of the pharmacy benefits manager shall comply with the requirements of this subchapter as a condition of licensure for the pharmacy benefits manager.(c) Without limiting its application to any other plan or program, this section applies to an organization or entity directly or indirectly providing services to patients under the Medicaid Provider-Led Organized Care Act, § 20-77-2701 et seq., or any other Medicaid-managed care program operating in this state.(d) This subchapter applies to a health benefit plan that is issued outside this state if that health benefit plan provides benefits for healthcare services to residents of this state.Amended by Act 2023, No. 302,§ 6, eff. 8/1/2023.Amended by Act 2019, No. 994,§ 12, eff. 7/24/2019.Added by Act 2018EX2, No. 1,§ 1, eff. 3/15/2018.Added by Act 2018EX2, No. 3,§ 1, eff. 3/19/2018.
Arkansas Legal Code