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
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…
Read MoreHealth insurance alternative becomes law in Arkansas
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…
Read MoreStates seek alternative to Medicaid health insurance expansion
Lawmakers continue to wrangle with health insurance requirements The Affordable Care Act will become fully enacted next year, leaving states throughout the U.S. relatively little time to comply with the federal law’s numerous provisions. One of these provisions, in particular, has been somewhat controversial in several states. That is the mandatory expansion of Medicaid. While the Medicaid program is, technically, overseen by the federal government, each state has its own division of the program which they are required to govern. Per the Affordable Care Act, all states must expand their…
Read MoreArkansas teams with HHS to expand private health insurance exchanges
Health insurance continues to cause controversy in the US Health care reform continues to be a controversial topic throughout the U.S. Many states have chosen to oppose the federal Affordable Care Act, despite the law being upheld by the Supreme Court in 2012. While some states oppose the law as a whole, many others oppose only specific provisions of the law, which has lead some political leaders to take innovative action on the matter in order to ensure that the law is able to provide the benefits to consumers as…
Read MoreEsurance begins selling auto insurance in Arkansas
Esurance moves into Arkansas auto insurance market Acclaimed auto insurance company Esurance has announced that it has begun offering auto insurance policies in Arkansas. Arkansas residents will now be able to find insurance policies that are suited for their driving needs through Esurance. The company, backed by Allstate, is expected to bring more competition to the state’s auto insurance market. This may drive down prices through giving consumers a wider range of options in terms of insurance coverage. State residents will have access to the full gamut of Esurance features.…
Read MoreTornadoes Rip through Sections of Dallas-Fort Worth
BOSTON, April 4, 2012 – According to catastrophe modeling firm AIR Worldwide, just one month after a notable tornado outbreak across parts of the Midwest and the Southeast, a severe thunderstorm on April 3 spawned up to 10-12 tornadoes that caused extensive, though localized, damage due to high winds, heavy rain, and hail in seven counties in the Dallas-Fort Worth region of Texas. The suburban communities of Arlington and Lancaster experienced significantly damaged buildings, with several homes and businesses flattened by the tornadoes. In Lancaster alone, 300 structures were damaged…
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