Arkansas Veterans Benefit from Private Option, April 2013

Arkansas veterans would benefit greatly from the new affordable coverage options available in the state. Statewide, 20,300 Arkansas veterans are uninsured. The state is considering whether or not to strengthen health care coverage for low- and moderate-income Arkansans. The proposed solution involves using Medicaid funds to purchase private health insurance plans for low-income adults – the “private option.” Middle-income adults will be able to purchase private health insurance with the help of an advance tax credit to pay the premiums, while the highest earners would not receive any subsidies but could still purchase quality coverage.