Arkansas Administrative Code
Agency 054 - Arkansas Insurance Department
Rule 054.00.16-003 - Rule 113: Vision Care Plan Coverage
Current through Register Vol. 49, No. 9, September, 2024
SECTION 1. AUTHORITY
This Rule is issued pursuant to Ark. Code Ann. § 23-99-1005 which requires the Arkansas Insurance Commissioner ("Commissioner") to develop and promulgate a rule to implement Act 959 of 2015, "An Act to Regulate an Insurer that Offers Vision Care Plans" ("Vision Care Plan Act of 2015").
SECTION 2. DEFINITIONS
Unless otherwise separately defined in this rule and consistent with state law, the terms or phrases as used in this rule shall follow the definitions of such terms or phrases as defined under Section One (1) of the Vision Care Plan Act of 2015, now codified in Ark. Code Ann. § 23-99-1001 et seq., or as later amended.
SECTION 3. PROHIBITED PRACTICES
SECTION 4. APPLICATION OF VISION CARE PLAN ACT OF 2015
Pursuant to Ark. Code Ann. § 23-99-1005(c), the Vision Care Plan Act of 2015 is applicable to all vision benefit plan or contracts issued, renewed, or recredentialed in this state on and after July 22, 2015. The Arkansas Insurance Department ("Department") interprets the Vision Care Plan Act of 2015 to apply to all contracts newly issued after July 22, 2015, or renewed after July 22, 2015, but also to apply to all vision care provider contracts when they are recredentialed after the effective date of the Act, even though a renewal process on the contract has not occurred.
SECTION 5. EFFECTIVE DATE
The effective date of this Rule shall be January 1,2017. /"7