What is the average cost of a health insurance policy?

In 2020, the average national cost for health insurance is $456 for an individual and $1,152 for a family per month. However, costs vary among the wide selection of health plans.

Is health insurance mandatory in Arkansas?

The ACA's individual mandate provision goes into effect, requiring individuals to obtain health insurance coverage to avoid a tax penalty. Subsidies are available on a sliding scale to purchase coverage. 60,034 Arkansans will have coverage through the state's health insurance marketplace as of March 2020.

How good is healthcare in Arkansas?

Arkansas receives an overall ranking of 44th out of the 50 states and the District of Columbia in The Commonwealth Fund's recently released 2022 Scorecard on State Health System Performance.

How much should family health insurance cost?

How much is family health insurance? In 2022, the average monthly premium cost of the popular Silver plan for a 40-year-old couple is $1,052. A 40-year-old couple with one young child would pay an average of $1,362 per month for a Silver plan, and a family of five would pay around $1,9831 per month.

Is it illegal to not have health insurance in Arkansas?

The ACA's individual mandate provision goes into effect, requiring individuals to obtain health insurance coverage to avoid a tax penalty. Subsidies are available on a sliding scale to purchase coverage. 60,034 Arkansans will have coverage through the state's health insurance marketplace as of March 2020.

Are Arkansas employers required to provide health insurance?

In Arkansas, all employers with 50 or more full-time employees are required to offer some form of health insurance benefit. Once you have 50 employees, you are considered a large employer.

In what states is health insurance mandatory?

As of 2022, only five states (California, Massachusetts, Rhode Island, New Jersey and Vermont) and the District of Columbia require all eligible residents to declare annual proof of health insurance coverage on state taxes.

What is the healthcare like in Arkansas?

FAYETTEVILLE, Ark. (KNWA/KFTA) — With the average American spending more than $12,500 per year on personal health care, the personal-finance website WalletHub released its report on 2022's Best and Worst States for Health Care.

Which state has the best healthcare quality?

Hawaii is the top state for health care in the U.S. It has the best health outcomes in the country, with low preventable death (47 per 100,000 people), diabetes mortality and obesity rates.

What state ranks lowest in healthcare?

It also has the highest average private health insurance premiums ($8,546 per year) in the U.S.

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