Monday, September 23, 2013

Arkanasas Insurance Department unveils premiums

Arkansas Insurance Department has been evaluating premiums for quite some time, concluding they would vary by age, the size of the family, tobacco usage and geography. However, the premiums are actually lower than what was originally projected. The state will provide three separate plans - bronze, silver, and gold.

Arkansas Insurance Commissioner Jay Bradford announced premium rates for the 71 qualified health insurance plans that will be sold on the individual market in the new Health Insurance Marketplace. The qualified Health Plan issuers offering plans are Celtic Insurance Company d/b/a Arkansas Health and Wellness Solutions, Arkansas Blue Cross and Blue Shield, Blue Cross and Blue Shield Multi-State, and QCA Health Plans, Inc. d/b/a QualChoice Health Insurance of Arkansas.

The plans will be sold on the Health Insurance Marketplace beginning October 1st. Examples of the premium rates can be found here.

Want to learn more about the future of the marketplace? At IIR's HIX Reloaded, we'll help you shape your strategy for the ever evolving marketplace. To learn more, download our agenda.

As a reader of this blog you'll receive 15% off the standard rate when you use code XP1810BLOG to register. We hope to see you November 14-16 in Baltimore, MD!

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