LITTLE ROCK, AR. Arkansas Health Insurance Marketplace (AHIM) announced today that open enrollment for the state’s My Arkansas Insurance Individual Marketplace will began, November 1. The program provides health insurance plans for individuals who do not have access to employer-provided insurance and will use the federal enrollment platform on Healthcare.gov.
Individual plans, available through AHIM’s website, myARinsurance.com, are designed to meet the needs of Arkansas families and provide a variety of options to fit household budgets. Each plan from which to choose provides comprehensive benefits and is administered by trusted insurance providers.
Each option includes standard health care benefits including inpatient care, outpatient services, and prescription drugs. The plans also emphasize the importance of preventative care and screenings, most of which do not require a co-payment.
Most importantly, there are no lifetime limits and no restrictions for pre-existing conditions. And, financial help is available to help pay for the cost of insurance.
Arkansans have just 45 days to enroll for Marketplace coverage. The open enrollment period begins November 1 and ends December 15, 2017. To avoid a federally-mandated penalty on 2018 tax returns, individuals and/or families must be enrolled by January 1, 2018. For those uninsured in 2017, the penalties could range from $695 to $2,083 for a single adult. Arkansans who currently have coverage through the marketplace should also visit myARinsurance.com to explore new plans and prices.
ABOUT THE ARKANSAS HEALTH INSURANCE MARKETPLACE
Arkansas Health Insurance Marketplace (AHIM) was created to manage and implement a state-based health insurance exchange in Arkansas in accordance with state and federal law. AHIM was established by the 89th Arkansas General Assembly 2013 Regular Session by ACT 1500 and is a nonprofit public benefit corporation. My Arkansas Insurance is the state-based exchange established and managed by AHIM.
AHIM is governed by the Arkansas Health Insurance Marketplace Board of Directors. Members of the AHIM Board are appointed by the Governor, President Pro Tempore of the Senate and the Speaker of the House of Representatives. The AHIM Board reports to the Arkansas Health Insurance Marketplace Legislative Oversight Committee.