Arkansas hires ad firm to market its health insurance exchange

Health Insurance rates and care

Governing board hired ad firm to draw more attention to its insurance exchange The governing board of the Arkansas health insurance exchange, called the Arkansas Health Insurance Marketplace, has hired an advertising firm to draw more awareness to the marketplace. The firm, Cranford Johnson Robinson Woods, was contracted for approximately $5.8 million over the next two years. The contract will task the firm with designing a new website for the state’s exchange, which will be used in place of HealthCare.gov and will provide consumers with access to the exchange’s insurance…

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Health insurance prices are falling in Arkansas

Health Insurance rates and care

Policies sold through state’s insurance exchange may be less expensive next year Health insurance premiums for policies sold through state-based exchanges are expected to rise in many parts of the U.S. next year. New regulations and insurers adapting to the provisions of the Affordable Care Act are part of the reason behind growing premiums. In Arkansas, insurance premiums for policies sold through the Arkansas Healthcare Insurance Marketplace are not expected to rise. Coverage sold through the exchange next year is likely to have lower premiums than policies that went into…

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Arkansas lawmakers approve funding for health insurance exchange

New funding will allow state to continue managing exchange alongside federal government Lawmakers in Arkansas have approved funding that will allow the state to continue operating its own health insurance exchange. The funds, some $10.6 million, were approved by the Arkansas Legislative Council during a heated voting session. Many legislators opposed the initiative, suggesting that the Affordable Care Act remains flawed and that the federal law could potentially damage the state’s insurance market. Others claimed that the funding was needed in order to ensure that Arkansas has some degree of…

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Health insurance rates in Arkansas to remain stable

Arkansas Health Insurance

Health insurance companies announce plan to keep rates stable Three of Arkansas’ largest health insurance companies have announced that they will keep rates for individual policyholders steady through the first year of the Affordable Care Act. The federal health care law has raised many concerns regarding the growing costs of health insurance coverage. Many people believe that the law will cause rates to spike in the individual and group markets and these concerns are often stoked by insurance providers. In many states, however, rates are expected to increase by a…

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Health insurance alternative becomes law in Arkansas

Arkansas Health Insurance

Arkansas health insurance law provides alternative to expansion of Medicaid program The Affordable Care Act has seen no shortage of controversy and challenge in the U.S. While some states have worked to unseat the federal law, despite it being upheld by the Supreme Court, Arkansas has been one of the few that has been working for alternatives regarding the provisions outlined in the law. Earlier this year, Arkansas began developing a plan to support its private health insurance exchanges as a suitable alternative to expanding its Medicaid program that would…

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