LITTLE ROCK, Ark. — Arkansas lawmakers on Tuesday approved spending nearly $16.5 million in federal funds to continue setting up a marketplace where more than 500,000 people can shop for insurance under the health care law.

The Arkansas Legislative Council approved spending two grants from the federal government for Arkansas to set up its insurance exchange. The state has received more than $43 million in federal funds for the exchange.

The panel, which meets when the Legislature isn't in session, approved the grants on a 23-9 vote despite objections from some Republicans lawmakers over implementing the health care law in the state.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.