2019 Health Insurance Rate Requests Announced

Initial rate requests show stability of Arkansas market

LITTLE ROCK – Arkansas Insurance Commissioner Allen Kerr today released the following statement announcing individual health insurance marketplace rate filing requests for plan year 2019:

“This round of initial requests places Arkansas among the lowest in the country and shows that the health insurance market in Arkansas remains stable."

The initial rate requests for individual on-marketplace qualified health plans (QHPs) for Plan Year 2019 are:

Company

AVG % Change
Requested

Affected Lives

Ambetter

4.60%

85,373

QCA Health Plan

1.50%

16,013

QualChoice Life & Health

1.06%

14,996

Arkansas Blue Cross
& Blue Shield (Ind)

4.40%

186,510

Arkansas Blue Cross
& Blue Shield (MSP)

4.40%

186,510

These rate requests are subject to an independent actuarial analysis under state law.  The Arkansas Insurance Department has until August 23 to grant approval of rates for QHPs for Plan Year 2019.  

For more information on health insurance rate requests, including off-marketplace individual and small group plans, please click here.