Arkansas will partner with feds on health-insurance exchange | Arkansas Blog

Wednesday, December 12, 2012

Arkansas will partner with feds on health-insurance exchange

Posted By on Wed, Dec 12, 2012 at 3:03 PM

It’s official: Arkansas will partner with the federal government on the health-insurance exchange required by the Affordable Care Act. No surprise.

Insurance companies will be charged an additional 3.5 percent federal processing fee on policies sold on the exchange because Arkansas opted against a state-run exchange. This fee will presumably be passed on to consumers, though most consumers will be protected from premium increases by the ACA’s regulation of price variation on the exchange and subsidies to help people between 100 and 400 percent of the poverty line.

The deadline for states to decide whether to run their own exchange is this Friday and the U.S. Department of Health and Human Services announced on Monday there would be no extension. Gov. Mike Beebe , who supports a state-run exchange, suggested that the state could opt for a state-run model down the road if legislators change their mind. According to HHS, states can apply at any time to run the exchange themselves in future years.

Tags: , ,

From the ArkTimes store

Favorite

Comments (3)

Showing 1-3 of 3

Add a comment

 
Subscribe to this thread:
Showing 1-3 of 3

Add a comment

More by David Ramsey

Readers also liked…

Most Shared

  • Bad health care bill, again

    Wait! Postpone tax reform and everything else for a while longer because the Senate is going to try to repeal and replace the Affordable Care Act one more time before September ends and while it can do it with the votes of only 50 senators.
  • Sex on campus

    Look, the Great Campus Rape Crisis was mainly hype all along. What Vice President Joe Biden described as an epidemic of sexual violence sweeping American college campuses in 2011 was vastly overstated.
  • The inadequate legacy of Brown

    LRSD continues to abdicate its responsibility to educate poor black students.

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation