Health Insurance Rate Changes for 2025

Insurance companies offering individual and small group health insurance plans are required to file proposed rates with the Arkansas Insurance Department for review and approval before plans can be sold to consumers.

The Department reviews rates to ensure that the plans are priced appropriately. Under Arkansas Law (Ark. Code Ann. § 23-79-110), the Commissioner shall disapprove a rate filing if he/she finds that the rate is not actuarially sound, is excessive, is inadequate, or is unfairly discriminatory.

The Department relies on outside actuarial analysis by a member of the American Academy of Actuaries to help determine whether a rate filing is sound.

Below, you can review information on the proposed rate filings for Plan Year 2025 individual and small group products that comply with the reforms of the Affordable Care Act.

To review the approved plan filings for Plan Year 2024, click here, Plan Year 2023, click here, Plan Year 2022, click here, Plan Year 2021, click here, Plan Year 2020, click here.

You may also view rate filings for previous years through the federal government's Rate Review website here.

Users will only be able to view the public details of the filing, as certain portions are deemed confidential by law (Ark. Code Ann. § 23-61-103).

INDIVIDUAL ON/OFF MARKET

SMALL GROUP OFF MARKET