Summary And Quick Facts On The Arkansas Obamacare Exchange
by Brenda Vassaur Taylor, Co-Founder of Conduit for Commerce: WHY VOTERS SAID “NO –to Arkansas Health Insurance Marketplace Act 2013
Act (using the word “Marketplace” rather than “Exchange”) establishes an independent non-profit organization which
Quick Facts About The Arkansas Obamacare Exchange
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Act (using the word “Marketplace” rather than “Exchange”) establishes an independent non-profit organization which
- Does not pay any state or local taxes but has complete and independent Rule making authority;
- Is not a government agency therefore is not subject to Arkansas law imposed on government agencies;
- Is run by an independent 11 member board appointed to six year terms;
- With only voter oversight being a 12 member Legislative Committee which may ask questions….with no control.
- Total of 12 employees–cost of $4.48 Million over 3 years—only 5 paid under $95,000 per year:
- Top five employees starting annual salaries at –
- $200,000 + $60,000 fringe benefits= $260,000 (Exec Director)
- $150,000 + $45,000 fringe benefits=$195,000 (Director of Operations)
- $120,000 + $36,000 fringe benefits=$156,000 (IT Manager)
- $110,000 + $33,000 fringe benefits=$143,000 (Director of Finance)
- $100,000 + $30,000 fringe benefits=$130,000 (Attorney Specialist)
- plus a 3.5% COLA annual increase for all.
- Consultant Fees of $7 Million—in addition to highly paid management team of 12 employees
- Travel Expense $327,350 (Staff and Board Members-in state and out of state)
- One time conference – $200,000
- Other–$580,550 (not categorized.)
- Contracts with Outside firms - Total of $113.7 Million (that is almost $114 million):
- Media – $10 Million
- To Plan Management Activities – $2.25 Million (in addition to what the 7 Million dollar Consultant and management employees will be paid to do)
- Navigators to enroll folks and train them – $5 Million
- Call Center – $15 Million
- IT — $81.5 Million (we know how well that works)
- Top five employees starting annual salaries at –
- The Obamacare Exchange – called the Arkansas Health Insurance Marketplace (Act 1500 of 2013) – is projected to cost taxpayers $40 million in 2015 and $72 million in 2016
- Salaries for the Obamacare exchange 12 employees total more than $1.1 million in year one-with its top employee receiving over $807,618 (w/benefits over 3 yrs)
- Obamacare 12 employees will receive over $330,000 worth of “fringe benefits” this year and over $1 million over the three year budget
- The Obamacare board will spend up to $3 Million on “consultant costs” this year and plan to spend $7 Million over the three year budget
- In 2015, the Obamacare board will also spend over $35 million on “contractual costs” and $68 million next year ($10 million “Media” contracts over 3 yrs)
- In 2015, the Obamacare board will spend over $325,000 on “other” expenses plus $200,000 on a single “conference” to share its “mission”
- Members of the Obamacare board are appointed by pro-Obamacare members of the legislature and Governor Beebe for an average six year term
- The Obamacare board has the authority to apply for any taxpayer-funded grant that they choose to help them implement Obamacare in Arkansas
- In 2013, the Arkansas legislature gave the Obamacare exchange the ability to convert themselves to a state-based exchange by July 1, 2015, which will lead to even more costs for Arkansas taxpayers
- If the Supreme Court rules later this year that Obamacare subsidies can only flow through state exchanges, Arkansas’s decision to implement a state exchange will not only work to support Obamacare and work counter to this ruling but will result in millions of dollars in costs and penalties for Arkansans
- Only a proactive step by the legislature to reclaim authority from the Obamacare board can stop a state Obamacare exchange from coming to Arkansas
Arkansas legislators should act swiftly to stop the implementation of a state Obamacare exchange in Arkansas and save Arkansans from this disastrous law.
Source: Budget Request and Narrative in Response to SF424ATags: Arkansas, Obamacare exchange, summary, quick facts To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. and "Like" Facebook Page - Thanks!
1 Comments:
We will tax the workers, until they refuse to work. We will steal from other Arkansas programs, like Police Fire Schools and Seniors. We will take the money, until the money is gone. We are smart. We can tell them what they need. We can tell what they don't need. We will be just fine since we decide who gets what. Which is what we get. Got it?
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