§ 21-5-401 - Legislative intent. - Arkansas Statutes

21-5-401. Legislative intent.

It is the purpose of this subchapter to:

(1) Create a single board to select health insurance and life insurance plan coverages for state and public school employees and retirees;

(2) Develop self-funded health programs to enhance the ability to control premiums and utilize managed care capabilities if feasible and in the best interest of plan members; and

(3) Enable a single board to:

(A) Set and manage policies for the health insurance and life insurance programs of state and public school employees;

(B) Work in a concerted effort toward a common goal of parity between public school and state employee insurance programs;

(C) Improve the quality of health care services under the programs;

(D) Increase participants' understanding of program features; and

(E) Slow the rate of growth in health care expenses under the programs.