Insurance & Benefits Archive

Arkansas Groups Launch Effort to Promote Federal Health Law

by Andrew DeMillo, The Associated Press 9/9/2014 02:18 pm

Several Arkansas advocacy groups announced Tuesday they were partnering to promote enrollment options through the federal health care law, saying they hoped to help fill the void left by legislation blocking the state from funding similar efforts.

GAO: Arkansas Medicaid Plan Not Revenue-Neutral

by Kelly P. Kissel, The Associated Press 9/9/2014 08:41 am

Arkansas' Medicaid expansion plan, in which the state uses federal dollars to buy private health insurance for its poorer residents, will cost taxpayers an extra $778 million over the next three years rather than being "revenue-neutral" to the federal budget, according to a government report released Monday. The plan's supporters disputed the findings.

Arkansas Private Option Enrollment Keeps Growing

by Associated Press 9/8/2014 01:04 pm

The Arkansas Department of Human Services says more than 194,000 people have enrolled in the state's Medicaid expansion program that extends health care coverage to low-income residents.

Wehco Media Drops Insurance Bombshell

by Michelle Corbet 9/8/2014 12:00 am

Wehco Media dropped a bombshell on its employees two weeks ago: Effective Sept. 1, one week after the announcement, they had a choice of having their annual health insurance deductible triple to $3,000 or paying 100 percent of the cost of keeping a policy with a $1,000 deductible.

Arvest Forecloses on Downtown LR Building Owned by Matt Lile

by Arkansas Business Staff 9/8/2014 12:00 am

The bank's foreclosure is on two loans totaling more than $821,500 secured by the 20,332-SF building at the northeast corner of Center and Sixth streets. The property is the home of EJ's restaurant in downtown Little Rock.

Newly Insured 'Private Option' Arkansans Present Challenges, Opportunities

by Gwen Moritz 9/1/2014 12:00 am

Whether thoroughly successful, a total failure or something in between, this much is sure: Roughly a quarter-million Arkansans who did not have health insurance in 2013 are now insured, mostly because of the private option, and this historic deluge of new health care customers bring with them challenges and opportunities.

Lawsuit Hits Nerve for Former Friends Fighting Over Medical Fees Earned

by Mark Friedman 9/1/2014 12:00 am

A legal case between Dr. Eren Erdem and Dr. Scott Schlesinger serves as a cautionary tale about the importance of having a contract in place and how quickly a friendship can sour when money is involved.

Arkansas Hospital Association's Paul Cunningham: ‘Having a Payer is Always Better Than Not'

by Gwen Moritz 9/1/2014 12:00 am

The Arkansas Hospital Association is in the process of surveying members about the immediate impact of the swarm of newly insured Arkansans, but Executive Vice President Paul Cunningham said the results would probably not be available for another month.

Arkansas Blue Cross & Blue Shield Opening Retail Store in Hot Springs

by Michelle Corbet 9/1/2014 12:00 am

Arkansas Blue Cross & Blue Shield is opening its third health insurance retail store, known as ArkansasBlue, across the street from CHI St. Vincent in Hot Springs.

Health Insurers Report Rising Premium

by Mark Friedman 9/1/2014 12:00 am

2013 was another good year for nearly all of the companies on Arkansas Business' list of the largest health insurance companies that write premium in the state.

Scooter Stuart's Tainted Assets Draw More Fire

by George Waldon 9/1/2014 12:00 am

This year's number of new lawsuits surrounding the controversial business affairs of the late Layton “Scooter” Stuart indicates the rancor is only growing.

Baptist Health CEO Troy Wells on Best & Worst of Obamacare

by Arkansas Business Staff 9/1/2014 12:00 am

Troy Wells has been the president and CEO of Baptist Health of Little Rock since July.

Dawn Stehle Named State's Medicaid Director

by Arkansas Business Staff 8/25/2014 02:01 pm

Dawn Stehle has been named the state's Medicaid director. She will have the interim tag taken off her title, a distinction she's held since June 1. The Arkansas Department of Human Services conducted a national search for the spot.

Hospital Operator Community Health Systems Owes Millions to Fed

by Arkansas Business Staff 8/25/2014 12:00 am

CHS, which operates 206 hospitals in 29 states, agreed on Aug. 8 to pay $98.15 million to resolve “multiple lawsuits alleging that the company knowingly billed government health care programs for inpatient services that should have been billed as outpatient or observation services,” according to an announcement from the U.S. Department of Justice.

Farmers Dismayed As New Farm Bill Dumps Direct Payments

by Rick Fahr 8/25/2014 12:00 am

The threatened end of cash subsidies to the nation's row crop farmers dates back through at least the last two iterations of national agriculture policy legislation. That threat became real, though, earlier this year when Congress passed the newest Farm Bill.

State Agriculture Officials: Money at Stake in Turner Grain Could Reach $50M

by Lee Hogan and Lance Turner 8/22/2014 04:05 pm

Officials in Arkansas' agriculture industry think at least $20 million and possibly upwards of $50 million could be involved in the still-unfolding financial drama between Turner Grain Merchandising Inc. of Brinkley and the Arkansas farmers who could go without payment for their crops.

Last Chance to Nominate Candidates for Arkansas Business' 20 in Their 20s List

by Arkansas Business Staff 8/19/2014 11:42 am

Nominations are being accepted for the list of the state's most influential young professionals, "The New Influentials: 20 in Their 20s."

Public Company Board Service Can Mean Lots of Work and Risk

by Gwen Moritz 8/18/2014 12:00 am

This week we list all directors of 19 publicly traded companies headquartered in Arkansas and the compensation they received for service on the boards in the most recent fiscal year. It's work that's “a whole lot harder” than it used to be.

New Regulations a Pain in the Neck for Chiropractic 'Runners'

by Mark Friedman 8/18/2014 12:00 am

A combination of regulation and enforcement has begun to chip away at the lucrative business plan that has generated so many complaints that the Arkansas State Board of Chiropractic Examiners had to add another full-time staff position.

Bonding Company Gets OK To Garnish Portion of Joyce Judy's Paycheck

by Arkansas Business Staff 8/11/2014 12:00 am

Cumis Insurance Society Inc., the bonding company that was stung by Joyce Judy, will start to recover some of the money she swiped when she was president of the Arkansas Employees Federal Credit Union in Little Rock.

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