AR State Updates - 2015 Jan 20 No.01

On Oct. 8, 2015, the Arkansas Insurance Department issued Bulletin 15-2015 in response to the passage of the federal PACE Act. The bulletin states that Arkansas will continue to follow the definition of small employer group previously announced in AID Bulletin 3-2012, which defines a small employer as having at least two but no more than 50 employees. It is important to note that the PACE Act deals only with from which market (small or large) an employer must buy its plan. It does not in any way alter the PPACA employer mandate that requires an employer with 50 or more full-time equivalent employees to offer an affordable, minimum value plan or face penalties.

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AID Bulletin 15-2015 »
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