What makes this bill special is that Arkansas’s plans to expand Medicaid using a so-called “private option.” Instead of putting people under 138 percent of the federal poverty level on Medicaid, this would basically use the money to help this population buy private health insurance on the newly created exchange.
|By: Jon Walker Thursday April 18, 2013 5:07 pm|
|By: Jon Walker Thursday March 21, 2013 2:20 pm|
Arkansas is currently trying to pursue a novel path for expanding Medicaid under the Affordable Care Act. They want to take the money and instead use it to get its population to buy private insurance on the new Obamacare exchange. It has been dubbed the “Private option.”
The one big problem with this plan is that private insurance is significantly more expensive than public insurance programs.