Looking for health care in Arkansas? According to a study by US News, AR has the second worst health care in the country. That study considers access, quality, and good public health. But it’s not all bad news – Arkansas residents still have plenty of health care options.
There are several ways for Arkansas residents to get health care in their state.
Where do most Arkansas residents get their health insurance coverage?
|Individual or family||6%|
|Source: Kaiser Family Foundation, Health Insurance Coverage of the Total Population|
Eight percent of AR residents are uninsured, less than the national average. That’s a boon to residents. A higher percentage of uninsured people boosts costs for insured people.
Arkansas residents can choose from a few health care companies. These providers offer both individual and family plans:
Coverage varies based on the county you live in. Check provider websites to see how your zip code may affect your policy.
AR residents spend an average of $7,408 per year on health care, about $600 less than the rest of the country. What affects rates in Arkansas? Prices vary person to person, based primarily on these factors:
Marketplace plans come in metal tiers: bronze, silver, gold, and platinum. The higher tier of coverage you want, the more you’ll have to pay in monthly premiums.
How much should you expect to pay monthly in AR? These are the average rates for each plan type in the state for a middle-aged resident in 2020:
|Source: Kaiser Family Foundation, Change in Average Marketplace Premiums by Metal Tier|
Gold plans cost about 44 percent more than bronze plans. That’s not much of a surprise, considering gold plans cover 80 percent of medical costs, whereas bronze plans cover 60 percent of costs.
Some people also qualify for a catastrophic plan, the lowest level of coverage available. Catastrophic plans come with a $8,150 yearly deductible and they’re designed to save you from bankruptcy after an unexpected medical issue. Even with a higher monthly premium, you’ll save money with a bronze or silver plan if you need to use your health insurance.
According to the CDC, a high body mass makes you more likely to suffer from several serious health conditions. That’s why insurers analyze you BMI to determine your risk-level. A high BMI often leads to higher insurance rates.
In 2018, Arkansas had a 37 percent obesity rate, the third highest rate in the country. Out of the many state residents who used QuoteWizard to compare health insurance plans, 40 percent have a BMI in the obese range.
Due to the substantial risks from smoking, tobacco users pay more for health insurance. About 23.6 percent of AR residents are smokers, the third highest rate in the country.
According to HealthCare.gov, a health insurance plan costs up to three times more for an older person compared to a younger person. AR residents who used QuoteWizard to shop for health insurance are, on average, 41 years old.
Your zip code plays a big role in how much you’ll pay monthly for health insurance. Every state has different health care rules, regulations, and providers.
Also, health insurance companies use community-rating to determine your costs. Rates are based in part on the combined claims that everyone files. So, your prices could be higher if your neighbor files an abnormally high number of claims.
That means living in a more health-conscious state could keep your premiums low. According to America’s Health Rankings, Arkansas is the 48th healthiest state in the country.
The Affordable Care Act limits health insurance companies from charging consumers more based on certain factors.
There’s a limit to how much you can pay out-of-pocket for a marketplace plan. In 2020, the out-of-pocket maximum is $8,150 for an individual plan and $16,300 for a family plan.
Arkansas law requires health insurance companies to provide at least some coverage for the following services:
There are additional services that state law requires companies to provide coverage for. Find the entire list at cms.gov.
Medicare and Medicaid are both government-funded programs that offer affordable health care. Medicare aids seniors, whereas Medicaid helps low-income families and children.
Medicare is for residents 65 and older. There are several options within the program, including parts A, B, C, D, and supplemental coverage plans. You may also qualify for a Medicare Savings Programs with these income requirements:
Medicaid aids low-income families and children. These are the state’s Medicaid financial requirements:
|Household Size||Maximum Yearly Income|
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