TO ALLOW PREGNANCY TO BE A QUALIFYING EVENT FOR ENROLLMENT IN CERTAIN HEALTH BENEFIT PLANS.

segalco.com PURPOSE OF BILL: HB 1009 To allow pregnancy as a Qualifying Life Event (QLE) eligible for enrollment in Healthcare Plans ACTUARIAL STATEMENT The Fiscal Impact Statement was prepared according to generally accepted actuarial principles and practices, in compliance with ACT 112. The Statement provides an estimate of the financial and actuarial effect of the proposed change(s) on the Plans, if possible. The Statement makes no comment or opinion with regard to the merits of the measure for which the Statement is prepared; however, any identified technical or mechanical defects have been noted. We have reviewed the input and results of our analysis for reasonableness and relied upon the data and information provided by the Plans and their Claims Processing Contractors. 3/11/2025 _________________________________________ _________________ Patrick Klein, FSA, MAAA Date Vice President, Segal 3/11/2025 _________________________________________ __________________ Matthew Kersting, FSA, MAAA Date Vice President, Segal PROJECTED COSTS Annual Cost Estimate Plan Design Change Plan EBD Treating Pregnancy as a QLE to allow for $0 - $400,000 enrollment in Healthcare Plans PRICING APPROA

HB1009 Fiscal Impact DescriptionYear 1 Year 2 Annual Presumptive 2 ,000 2 ,000 Recipient Estimate Pregnancy PMPM$803.57$803.57 System Change$350,000$0 Total Computable$ 1,957,144$ 1,607,144 FMAP69.71%69.71% Federal Share$ 1,364,325$ 1,120,340 State Share$ 5 92,819$ 4 86,804 Prepared by Arkansas Department of Human Services