(AP) – Health insurers have proposed rate increases ranging
from nearly 8 percent to 22 percent starting in 2018 for thousands of Arkansans
covered through the marketplace set up under the federal health care law.The Insurance Department released the proposed increases on Wednesday and said
it has until Aug. 16 to approve rates for the coming year. Gov. Asa Hutchinson
praised the increases as among the lowest in the country, and credited the
state’s hybrid Medicaid expansion for keeping the increases low.
from nearly 8 percent to 22 percent starting in 2018 for thousands of Arkansans
covered through the marketplace set up under the federal health care law.The Insurance Department released the proposed increases on Wednesday and said
it has until Aug. 16 to approve rates for the coming year. Gov. Asa Hutchinson
praised the increases as among the lowest in the country, and credited the
state’s hybrid Medicaid expansion for keeping the increases low.
More than 300,000 are on the program, which uses Medicaid funds to purchase
private insurance for low-income residents.
The average increases proposed were 7.8 percent by Arkansas Blue Cross and
Blue Shield, 9.9 percent by Ambetter, 21.9 percent by QualChoice and 22 percent
by QCA Health Plan.
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