Five Companies Plan To Sell On Arkansas Insurance Exchange In 2015
by July 2, 2014 1:37 pm 109 views
Arkansas Insurance Commissioner Jay Bradford said five companies have filed to sell individual health insurance plans on Arkansas’ health insurance marketplace for the calendar year 2015.
Two sets of companies have relationships with each other.
The five plans who have notified the state they intend to participate in the exchange are:
- Celtic Insurance Company
- Arkansas Blue Cross Blue Shield
- National Blue Cross Blue Shield Multi-State
- QCA Health Plan Inc.
- QualChoice Life and Health Insurance Company, Inc.
The companies submitted plans and service areas for 2015, which Bradford said will be reviewed for adequacy. The Arkansas Healthcare Independence Act of 2013 requires that consumers in each of Arkansas’s 75 counties have a choice among at least two health insurance issuers.
“It has always been my desire, and in the best interest of the Arkansas consumer, to have quality competition and choice on the Health Insurance Marketplace,” said Bradford.
“While the plans have not yet been approved and certified by The Center for Consumer Information and Insurance Oversight (CCIIO), I am confident Arkansas consumers in all 75 counties will now have more choice among health plans and issuers,” he added.
Rates will be announced after all plans are certified. Open enrollment for 2015 plan year begins November 15, 2014.