23-86-116. Continuation of benefits upon termination of policy.

Arkansas Code — all titles (historical 2020) · legal_authorities

23-86-116. Continuation of benefits upon termination of policy.

23-86-116. Continuation of benefits upon termination of policy. (a) Every group accident and health insurance policy, contract, or certificate that provides coverage for hospital or medical services or expenses shall provide that the insurer shall continue its obligation for benefits under the policy or contract for any person insured under the policy or contract who is hospitalized on the date of termination, if the policy or contract is terminated and replaced by a group health insurance policy or contract issued by another insurer or by a self-funded healthcare plan. (b) Any payment required under this section is subject to all terms, limitations, and conditions of the policy or contract except those relating to termination of benefits. Any obligation by an insurer under this section continues until the hospital confinement ends or hospital benefits under the policy or contract are exhausted, whichever is earlier.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-86-116

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.