Health Insurance Marketplace to provide access to affordable coverage
When key parts of the Affordable Care Act take effect January 1, 2014, Arkansans will have a new way to buy health insurance: the Health Insurance Marketplace.
The Arkansas Insurance Department is partnering with the federal government to establish this insurance marketplace where individuals, families and small businesses can compare qualified health insurance plans in Arkansas and choose the plan that best meets their needs. Consumers and small businesses will be able to shop for, compare and enroll in high-quality, affordable private health insurance at competitive prices beginning October 1, 2013.
Plans available through the Health Insurance Marketplace will be approved and monitored by the Arkansas Insurance Department to ensure that they offer the 10 Essential Health Benefits mandated by the new law and pay the required amount of claims costs. Individuals enrolling in health plans through the new Marketplace may also be eligible for financial assistance to help pay their premiums.
An estimated 572,000 Arkansans are uninsured, 16,593 of whom are Ashley, Bradley, Desha, Drew, or Chicot County residents.
Shannon Borchert, Public Health Educator and Health Connector Outreach, with the Arkansas Department of Health will discuss how to enroll in healthcare coverage at 9 a.m. October 23, 2013, in the fellowship hall of Monticello’s First United Methodist Church. The public is encouraged to attend.