LITTLE ROCK, Ark. – A recent filing by two insurance companies for rate hikes in Arkansas brought a call from Gov. Sarah Huckabee Sanders for the changes to be rejected by the Insurance Commissioner.
According to Sanders, Centene Corporation and Blue Cross Blue Shield filed to raise premiums by 54% and 25.5%, respectively.
Arkansas health insurers file for a proposed average of 26.2% rate increase
“Arkansans are tired of getting outrageous bills from multi-billion-dollar insurance companies, and my administration will not allow them to take advantage of our people,” the governor said. “Nothing justifies year-over-year premium increases of this scale – it’s wrong and prohibited under Arkansas law.”
The governor called for the Insurance Commission’s disapproval of the increases based on Arkansas statute…