Health Insurance Rate Changes For 2022
Insurance companies offering individual and small group health insurance plans are required to file proposed rates with the Arkansas Insurance Department for review and approval before plans can be sold to consumers.
The Department reviews rates to ensure that the plans are priced appropriately. Under Arkansas Law (Ark. Code Ann. § ), the Commissioner shall disapprove a rate filing if he/she finds that the rate is not actuarially sound, is excessive, is inadequate, or is unfairly discriminatory.
The Department relies on outside actuarial analysis by a member of the American Academy of Actuaries to help determine whether a rate filing is sound.
Below, you can review information on the proposed rate filings for Plan Year 2022 individual and small group products that comply with the reforms of the Affordable Care Act.
To review the approved plan filings for Plan Year 2021, click here. For Plan Year 2020, click here.
You may also view rate filings for previous years through the federal government's Rate Review website here.
Users will only be able to view the public details of the filing, as certain portions are deemed confidential by law (Ark. Code Ann. § ).
INDIVIDUAL ON/OFF MARKET
Company Name/
Tracking Number
AVG % Change
Requested
Affected Lives
Filing
Template
SERFF Tracking Number
Celtic Insurance Company (Ambetter)
4.9%
75,343
PDF
Template
CELT QCA Health Plan, Inc.
8.2%
42,518
PDF
Template
QUAC HMO Partners, Inc. d/b/a Health Advantage
7.77%
12,072
PDF
Template
HLAD QualChoice Life and Health Insurance Company, Inc.
8.2%
42,647
PDF
Template
QUAC Oscar Insurance Company
0%
0
PDF
Template
OHIN USAble Mutual Insurance Co. (AR Blue Cross & Blue Shield)
6.25%
155,917
PDF
Template
ARBB SMALL GROUP OFF MARKET
Company Name/
Tracking Number
AVG % Change
Requested
Affected Lives
Filing
Template
SERFF Tracking Number
QCA Health Plan, Inc.
-3% PDF
Template
QUAC UnitedHealthcare Insurance Company of the River Valley
9.64% PDF
Template
UHLC UnitedHealthcare Insurance Company
12.9% PDF
Template
UHLC QualChoice Life and Health Insurance Company
-3.4% PDF
Template
QUAC HMO Partners, Inc. (Health Advantage)
7.35% PDF
Template
HLAD Arkansas Blue Cross and Blue Shield
1.26%
1,882
PDF
Template
ARBB "UnitedHealthcare Insurance Company of Arkansas
16% PDF
Template
UHLC
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