Arkansas Approval of option grant
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How to fill out Approval Of Option Grant?
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FAQ
A public option refers to a health insurance coverage program run by the state or federal government (although they can be administered by a private entity or private insurance company) and made available as an option alongside the existing private health insurance plans.
Three states, Colorado, Nevada, and Washington, have already enacted legislation to create some form of a public option, although political, legal, and fiscal challenges have led to narrowing of their scope and to some questions about long-term viability.
Most have taken a traditional approach to expanding Medicaid, but several have elected the ?private option??using Medicaid funds to purchase private insurance through the federal and state marketplaces.
Arkansas expanded Medicaid coverage through a federal waiver in 2013 and implemented a work requirement in 2018. The Arkansas Works program, as it was known, cut 18,000 people from Medicaid coverage, even though it exempted people who were over 50 or had dependent children.
Arkansas pioneered the ?private option? approach to Medicaid expansion. This is still in use, but ARHOME has temporarily paused the process of automatically enrolling new enrollees in private plans. Enrollment in expanded Medicaid declined after 2017, but rebounded to more than 1.1 million during the COVID pandemic.
Medicare for All is a government-run and government-funded healthcare coverage plan. It would eliminate the need for other health insurance. Public Option is a tax-funded or individually funded health coverage program. A person would opt-in to the program and other health insurance plans would be available.