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Arkansas board OKs proposed health coverage contract for retired public school, state employees

The state Board of Finance on Friday approved a proposed state contract with UnitedHealthcare Insurance Co. to provide Group Medicare Advantage with prescription drug coverage for eligible retirees in the state's health insurance plans for public school and state employees.
Andrea Lea Unitedhealthcare Insurance Co Segal Group Group Medicare Advantage Employee Benefits Division Unitedhealthcare Insurance

State treasury's $6B investment portfolio earns $17.5M

The state treasury's $6 billion investment portfolio earned $17.5 million last quarter -- up from $9.05 million in the same quarter a year ago. The increase came amid volatile investment markets with the assistance of slightly higher interest rates, state Treasurer Dennis Milligan told the state Board of Finance on Thursday.
United States Tanya Freeman Stacy Peterson Dennis Milligan Robert Romanik Andrea Lea

State treasury's $6B investment portfolio earns $17.5M

The state treasurys $6 billion investment portfolio earned $17.5 million last quarter -- up from $9.05 million in the same quarter a year ago. The increase came amid volatile investment markets with the assistance of slightly higher interest rates, state Treasurer Dennis Milligan told the state Board of Finance on Thursday.
United States Tanya Freeman Stacy Peterson Dennis Milligan Robert Romanik Andrea Lea

Arkansas board raises to $20 covid drug fee paid by state health insurance plans to pharmacies

The state Board of Finance on Tuesday voted to increase from $1.50 to $20 the maximum per prescription dispensing fee paid by the state's Employee Benefits Division to Arkansas community pharmacies for handling and dispensing the covid-19 prescription drugs molnupiravir and Paxlovid.
United States John Vinson Employee Benefits Division To Arkansas Council Or Joint Budget Committee Arkansas Pharmacists Association Employee Benefits Division

Arkansas board raises to $20 covid drug fee paid by state health insurance plans to pharmacies

The state Board of Finance on Tuesday voted to increase from $1.50 to $20 the maximum per prescription dispensing fee paid by the state's Employee Benefits Division to Arkansas community pharmacies for handling and dispensing the covid-19 prescription drugs molnupiravir and Paxlovid.
United States John Vinson Employee Benefits Division To Arkansas Council Or Joint Budget Committee Arkansas Pharmacists Association Employee Benefits Division

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Robert Brech Named State Budget Director

Send The state Department of Finance & Administration on Friday named Robert Brech as Arkansas new budget director. Brech has been general counsel for the Arkansas Public School Resource Center since 2018. Before that, he spent four years as chief financial officer for Department of Health, 14 years as the departments deputy general counsel and four years as general counsel.   "The State Budget Director must understand the unique needs of each Department, working close...
United States Larry Walther Asa Hutchinson Budget Division Department Of Health Arkansas Public School Resource Center

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