Senate president names Health Marketplace board members | Arkansas Blog

Monday, July 1, 2013

Senate president names Health Marketplace board members

Posted By on Mon, Jul 1, 2013 at 3:00 PM

Senate President Pro Tem Michael Lamoureux has named his three appointees to the nine-member Board of the Arkansas Health Insurance Marketplace. This is the board that's going to help oversee parts of the implementation of Obamacare in Arkansas — a law that includes required health insurance coverage and tax credits for small businesses.

Lamoureux's appointments are former Sen. Steve Faris, a perpetual government insider dating back to days as aide to Secretary of State Bill McCuen; Fred Bean of Bean Hamilton Corporate Benefits, and John Denery of Stephens Insurance.

House Speaker Davy Carter and Gov. Mike Beebe each also has three appointments to make.

NEWS RELEASE

Senator Michael Lamoureux of Russellville, the President Pro Tem of the Senate, announced three appointments Monday to the Board of the Arkansas Health Insurance Marketplace.

They are: Steve Faris of Malvern, a Lottery Commissioner and former state senator and representative; Fred Bean of Little Rock, president of Bean Hamilton Corporate Benefits; and John Denery of Little Rock, executive vice president and director of life and health for Stephens Insurance.

Act 1500 of 2013 creates the Arkansas Health Insurance Marketplace and authorizes the President Pro Tem to make three appointments. Faris, who was appointed to an eight-year term, will represent small employers and Bean will represent health insurers. Bean was appointed to a six-year term and Denery to a four-year term. Future appointments will be for six-year terms.

The act will put in place parts of the federal health laws that will require everyone to have health insurance. Small businesses will qualify for tax credits for offering health insurance coverage to employees. Public health officials believe that individuals and small business owners will be the main customers of the Health Insurance Marketplace.
The governor and the Speaker of the House of Representatives each make three appointments to the Board of Directors of the Health Insurance Marketplace. The Board will hire an executive director and staff. It will oversee the development of an Internet site where people can get standardized information about health benefit plans, so they can accurately compare prices and coverage.

Also, the Board will establish a program through which small businesses can obtain coverage for employees.
Faris is General Manager of Central Arkansas Telephone Cooperative in Bismarck. He was assistant to Lamoureux during the 2013 legislative session and assistant to Senator Paul Bookout, President Pro Tem during the 2011 session. As a member of the House of Representatives he was the youngest to serve as Assistant Speaker Pro Tem, Majority Leader and Chairman of a committee. In 1997 Faris became the first freshman legislator to serve on the Joint Budget Committee. He was elected to the Senate in 2000 and in 2009 he became chairman of the Senate Committee on State Agencies and Governmental Affairs.

Bean is a past president of the Association of Health Insurance Advisors and has served on the board of LIFE and the Life and Health Insurance Foundation for Education in Washington D.C. He is also a former member of the National Association of Insurance and Financial Advisors (NAIFA) Board of Trustees.
He is a past president of Arkansas State Association of Life Underwriters (now NAIFA-Arkansas). Bean served on the Arkansas Insurance Department Exchange Committee, which helped draft a model for Arkansas small businesses to use for compliance with health care mandates.

Denery started his career in 1998 with Unum in Memphis covering Tennessee, Arkansas & Mississippi and earning representative of the year in 1999. In 2002 he joined Stephens Insurance, LLC as Senior Vice President. Denery worked with some of the state’s largest employers on all facets of their employee benefits programs. In 2006, he co-founded Stephens Consulting Services (SCS), a division of Stephens Insurance that provides consulting and auditing services on pharmacy benefits to self-funded employer groups. In 2012 he was promoted to Executive Vice President, Director of Life & Health, for Stephens Insurance.

Tags: , , ,

From the ArkTimes store

Favorite

Comments (8)

Showing 1-8 of 8

Add a comment

 
Subscribe to this thread:
Showing 1-8 of 8

Add a comment

More by Max Brantley

  • McCain says no on Graham-Cassidy

    BREAKING FROM THE AP: Republican Sen. John McCain announces opposition to health care bill, dashing hopes for GOP leaders.
    • Sep 22, 2017
  • 60th opens with panel of Little Rock Nine

    Eight members of the Little Rock Nine, lacking the late Jefferson Thomas, gathered for a panel discussion at the Clinton School for Public Service this morning to open a weekend of activities marking the 60th anniversary of their desegregation of Central High School.
    • Sep 22, 2017
  • Martha Shoffner, nearing completion of term, back in Arkansas

    Martha Shoffner, who reported to federal prison Nov. 3, 2015 for a 30-month sentence for taking bribes in return for state bond business when she was state treasurer, is nearing the end of her sentence and n
    • Sep 22, 2017
  • More »

Readers also liked…

Most Shared

  • ASU to reap $3.69 million from estate of Jim and Wanda Lee Vaughn

    Arkansas State University announced today plans for spending an expected $3.69 million gift in the final distribution of the estate of Jim and Wanda Lee Vaughn, who died in 2013 and 2015 respectively.
  • 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 Viewed

  • A Highway 10 traffic solution recommendation

    The Arkansas Department of Transportation has announced its preferences for interchange and other improvements along the Highway 10 corridor between Pleasant Valley Drive and Pleasant Ridge Road.
  • Martha Shoffner, nearing completion of term, back in Arkansas

    Martha Shoffner, who reported to federal prison Nov. 3, 2015 for a 30-month sentence for taking bribes in return for state bond business when she was state treasurer, is nearing the end of her sentence and n
  • ACLU: School crisis 60th no time for celebration. Plus, a message for the governor

    Rita Sklar, executive director of the Arkansas affiliate of the American Civil LIberties Union, has issued a statement taking issue with those who view the 60th anniversary of Central High's limited desegregation thanks to federal court and troops as a "celebration." Plus, my own suggestion for Monday speech-makers.
  • McCain says no on Graham-Cassidy

    BREAKING FROM THE AP: Republican Sen. John McCain announces opposition to health care bill, dashing hopes for GOP leaders.
  • 60th opens with panel of Little Rock Nine

    Eight members of the Little Rock Nine, lacking the late Jefferson Thomas, gathered for a panel discussion at the Clinton School for Public Service this morning to open a weekend of activities marking the 60th anniversary of their desegregation of Central High School.

Most Recent Comments

Blogroll

 

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