Mandated Health Benefits – Parity in Cancer Medications
On March 20, 2017, Arkansas Governor Asa Hutchinson signed legislation (H.B. 1592) providing parity in health benefit plan coverage between orally administered anticancer medication and intravenously administered medication. The bill prohibits health benefit plans that provide coverage for anticancer medications to require higher co-payments, co-insurance, or deductibles for orally administered anticancer medications than the plan requires for injected or intravenously administered anticancer medications regardless of the formulation or benefit category determination by the health benefit plan.
The law goes into effect on January 1, 2018.
Read AR H.B. 1592
Income Withholding and Reporting – Filing Dates
On March 9, 2017, Arkansas Governor Asa Hutchinson signed legislation (H.B. 1564) amending the state income tax laws to conform the Arkansas filing date for annual withholding statements from employers to federal law. Specifically, the bill changes the filing date for Arkansas annual income tax withholding statements from February 28 to January 31.
The bill goes into effect 91 days after the legislature adjourns (projected August 18, 2017).
Read AR H.B. 1564