LITTLE ROCK, Ark. (KY3/KAIT) - Arkansas Governor Sarah Huckabee Sanders issued a statement condemning insurance companies for drastically raising their insurance premiums on Wednesday.
The governor spoke out after Centene Corporation and Blue Cross Blue Shield filed to raise their insurance premium rates by as much as 54% and 25.5%, respectively.
“Arkansans are tired of getting outrageous bills from multi-billion-dollar insurance companies, and my administration will not allow them to take advantage of our people. Nothing justifies year-over-year premium increases of this scale - it’s wrong and prohibited under Arkansas law,” Gov. Sanders said.
Gov. Sanders encouraged the insurance commissioner to reject the filings.
“Arkansas’ Insurance Commissioner is required to disapprove of propos