LITTLE ROCK, Ark. (AP) — Arkansas officials say the four companies providing coverage through the state's insurance exchange under the federal health care overhaul law are seeking an average rate increase of about 2% for next year.
Insurance Commissioner Allen Kerr said Monday all four insurers cited the elimination of an exchange user fee in their rate requests.
The highest average initial rate request for individual plans came from Arkansas Blue Cross & Blue Shield at 2.89% and the lowest from QualChoice Life and Health at .51%. The average increase requested by Ambetter from AR Health & Wellness was 1.9% and the average from QCA Health Plan was .56%.