Smith Named Director of Arkansas Insurance Exchange

The former director of Utah’s overall health insurance coverage exchange has been named director of a group that is exploring whether or not to develop a state-run exchange in Arkansas.

Cheryl Smith will get started work subsequent month for the Arkansas Overall health Insurance Marketplace. Arkansas has partnered with the federal government to run its exchange, but the state is exploring no matter whether to set up its personal state-run insurance marketplace.

Smith is the very first worker of the marketplace to be employed given that its board of directors was appointed final fall. She will be in charge of employing other workers members, board member Fred Bean said.

“It’s fascinating to me what she brings to the table with her encounter and background,” he explained.

The Arkansas Democrat-Gazette reported that Smith’s salary is set at $ 165,000 and will be funded by a $ 3.6 million grant from the federal Centers for Medicare and Medicaid Providers.

The organization picked 4 finalists out of its 39 applicants. The 3 other finalists had been from Tennessee and had encounter in the personal sector.

From 2008 to 2010, Smith was director of policy and approach for the Utah exchange, which facilitates coverage provided by little companies. Along with Massachusetts, Utah set up an insurance coverage exchange prior to the 2010 wellness overhaul law. Smith now operates as a advisor who advises state government officials on issues connected to insurance exchanges.

In a mobile phone interview, Smith mentioned she utilized for the Arkansas task since of the state’s compromise Medicaid growth strategy that employs federal bucks to acquire private insurance for minimal-income residents.

“People could really like what Arkansas has determined to do, and they may possibly dislike it, but both way it is acquired folks speaking and pondering, and that can only be a excellent factor,” Smith stated.

State Sen. David Sanders, R-Minor Rock, chairman of a legislative committee monitoring the marketplace board, said he was pleased with the board’s assortment.

“This is someone who is very serious about innovative alter in well being care, and has been for some time,” Sanders mentioned. “She fits the bill.”

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