Avoid Substantial Penalties, Enroll in Individual Marketplace by January 31

LITTLE ROCK, AR (January 5, 2017) – Open enrollment for the state’s My Arkansas Insurance individual health insurance marketplace is still underway but ends on January 31. Arkansans who do not have health insurance may face substantial federally mandated penalties on 2017 tax returns.

“People must understand that health insurance coverage is not an option, according to current federal law,” said Cheryl Gardner, executive director of the Arkansas Health Insurance Marketplace. “The good news is there is still time for Arkansans to get coverage and avoid paying a penalty that could be as much as $695 per person.”

Individual plans are available at myARinsurance.com through January 31, 2017.Plans include standard benefits such as inpatient care, outpatient services, prescription drugs, and preventative care and screenings.

There are a variety of options to fit household budgets and financial assistance is available.

Most importantly, there are no lifetime limits and no restrictions for pre-existing conditions. And, financial help is available to help pay for the cost of insurance.

To begin exploring appropriate plans and to enroll, go to myARinsurance.com.

Agents, brokers and other licensed experts are located in almost every community in Arkansas to provide assistance, and a hotline is staffed by trained professionals, and is open Monday through Saturday from 7 a.m. to 7 p.m. The number is 1-844-355-3262.

The My Arkansas Insurance Individual Marketplace is a partnership with the federal enrollment system, using the Healthcare.gov platform. However, the program is managed in Arkansas.