Live Insurance News

Health insurance exchange in Arkansas draws attention of 4 insurers

June 10, 2013June 8, 2013 Logan B.

Four companies have now expressed their interest in selling policies over the state’s online marketplace. The Arkansas Insurance Department has announced that there are now four health insurance companies that intend to be able to sell their policies over the state’s exchange, which is expected to serve over 500,000 residents. The department said that the insurers submitted their letters by the deadline, which was last Monday. The department explained that the health insurance companies each met the deadline in order to indicate their interest in participating in the Arkansas exchange,…

Health insurance alternative becomes law in Arkansas

April 26, 2013April 25, 2013 Logan B.

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…

Health insurance measure in Arkansas failed to pass

April 17, 2013April 17, 2013 G. Turner

The state House did not move forward a proposal to use Medicaid funds to purchase private policies. A proposal in Arkansas faced the House but failed to pass as it proposed to use Medicaid money in order to purchase private health insurance to provide coverage to residents of the state within the lower income brackets. The legislation fell short of the votes that it would have required in order to obtain approval. According to an Arkansas House of Representatives spokesperson, Cecillea Pond-Mayo, there were 75 votes that would have been…

Health insurance expansion backed by Arkansas legislators

April 3, 2013April 30, 2013

The Republican leaders of the House and the Senate in the state have supported the proposal. In Arkansas, the Republican leaders of both the House and the Senate have given their backing to a proposal that would buy private health insurance for thousands of residents of the state who are workers within lower income brackets. This purchase would be made using federal funds to help to ensure more wide scale affordable coverage. This is the latest idea being considered by lawmakers in Arkansas as an alternative to increasing the enrollment…