INSURANCE & COMMERCE - SENATE - Mar 14, 2023

INSURANCE & COMMERCE - SENATE · March 14, 2023

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Senate Bill (SB) relating to agricultural membership health coverage (SB 23 24)

PresentationPublic Comment

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An unidentified senator presented "Senate bill 23 24," saying it would add a nonprofit agricultural membership organization as an exception under the Arkansas insurance code and define that organization (must be incorporated in the state, have a physical presence in every county, promote farmers' interests and provide member health coverage via member contracts). Sponsor said the model exists in other states, citing Tennessee's experience; Brandon Martin, a young farmer, testified the change would help young farm families access affordable coverage. Committee voted to pass as amended.

Keywords:

Speakers:Unidentified Senator (presenter of SB 23 24)

Actions:action-sb2324-pass

A meeting of the Senate Insurance & Commerce committee covered a string of insurance- and commerce-related bills. Lawmakers advanced a proposal to let nonprofit agricultural membership groups offer member health coverage, considered multiple securities and licensing cleanup bills, and debated a proposal to require point-of-sale drug rebate pass-throughs for commercial plans before voting to advance the measures listed below.

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Transcript

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