The Arkansas Insurance Department issued a reminder that all individuals and entities intending to assist consumers with the purchase of health insurance policies through the Arkansas Health Insurance Marketplace or the Arkansas Private Option are required to be licensed to do so in the state.
Additionally, all agencies intending to collect commissions for insurance sold through the Marketplace need to be licensed for a Marketplace line of authority by Oct. 15, 2014.
Civil penalties could apply for failure to secure the appropriate license.
Source: Arkansas Insurance Department
Was this article valuable?
Here are more articles you may enjoy.
Meta Loses Insurance for Defense in Major Social Media Addiction Litigation 
Georgia Appeals Court Reverses $345M Judgment Against Insurers in School Sex Abuse 
Kyle Busch and Wife Settle Lawsuit With Pacific Life and Insurance Agent 
CRC Group CEO on Casualty: ‘It’s More About the Coverage’ Than Price 
