PlansByState

Health Insurance for Financial Advisors in Arkansas

Ranked 14 of 15 states · median $828/mo · CMS PY2026

Licensed Independent Agent · NPN #22052447 · 23 States

Arkansas ranks 14 of 15 on cost for Financial Advisors

A 40-year-old financial advisor in Arkansas pays a median $828/month for a Silver plan before subsidies — 14th of 15 on cost. The cheapest plan in the state is $753 from Octave in Arkansas. On cheapest Silver at age 27, Arkansas ranks 15 of 15 for this occupation.

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What actually matters for a financial advisor

Desk work usually means low claim volume, and low claim volume changes the math: a high-deductible plan paired with an HSA lets you fund the deductible with pre-tax dollars and keep whatever you do not spend. In most years that beats paying a Silver premium for benefits you never touch.

Occupational context: Sedentary and high-stress cardiovascular load.

This is background for choosing a plan, not for pricing one. Since 2014 every Arkansas exchange plan has been guaranteed issue and community rated: same age, same ZIP, same tobacco status means the same filed premium whether you are a financial advisor or an accountant. Occupation changes the shopping criteria, nothing else.

What it costs county by county in Arkansas

Premium is set by rating area rather than by county, so counties in the same area price identically. Six counties from across Arkansas, cheapest Silver plan for a 40-year-old:

CountyCheapest Silver @40IssuerDeductibleCarriers
Lonoke$753Octave$6,0004
Nevada$753Octave$6,0004
Polk$753Octave$6,0004
Scott$753Octave$6,0004
Van Buren$753Octave$6,0004
Baxter$753Octave$6,0004

All six fall in the same rating area, so they price identically at $753. Statewide the range still runs $753 to $879. Coverage by County publishes all 75 Arkansas counties individually.

Arkansas statewide plan data for 2026

Arkansas — the age curve2026
Cheapest Silver @27$617
Cheapest Silver @40$753
Cheapest Silver @60$1,599
Lowest deductible in state$1,450

A 27-year-old financial advisor in Arkansas starts at $617; the same plan class at 60 starts at $1,599 — roughly 2.6× as much. If a Bronze plan here is HSA-qualified, the deduction plus low claim volume usually beats Silver on total annual cost. Confirm HSA eligibility on the plan document, not the metal tier.

Source: CMS Plan Year 2026 Qualified Health Plan Landscape file. 3,900 plan records across 75 Arkansas counties. Full-price filed rates before premium tax credits — verify at enrollment.

How Arkansas compares for Financial Advisors

Cheaper for the same coverage: Utah ($805), Texas ($807), North Carolina ($828). More expensive: Nebraska ($875).

Side-by-side: Arkansas vs Texas · Arkansas vs North Carolina · Arkansas vs Nebraska

Cross-state numbers are useful for understanding whether Arkansas is treating you well, not for arbitrage. You cannot buy an out-of-state exchange plan. If you are a financial advisor weighing a relocation for other reasons, the premium difference is a real line item worth putting in the decision.

Self-employed Financial Advisors in Arkansas

Deduction categories that generally fit this trade: Licensing, E&O insurance, CRM software, compliance costs. Note the ordering problem with health premiums: the §162(l) deduction lowers your AGI, and your AGI is what sets your premium tax credit, so the two calculate against each other. That is a CPA conversation and worth having before you enroll, not after.

If your household income is above the subsidy range, ACA is not automatically the answer. There are other categories of coverage that may fit, and they work very differently. That is a conversation, not a web page.

Common questions

How much is health insurance for a financial advisor in Arkansas?

The cheapest Silver plan for a 40-year-old in Arkansas is $753 per month from Octave, with a state median of $828. Both figures are full price before premium tax credits; most buyers pay less after subsidies.

Can a financial advisor be charged more for health insurance in Arkansas?

No. Arkansas exchange plans are guaranteed issue and community rated, so a financial advisor pays exactly what anyone else of the same age in the same ZIP pays. Occupation is not on the application as a rating factor.

Does Arkansas have PPO plans on the exchange?

Yes. Plan types filed for 2026: POS, PPO.

Is Arkansas a cheap state for health insurance?

Arkansas ranks 14 of 15 states covered here, at a median $828 per month. Indiana is cheapest at $558 and Nebraska is most expensive at $875.

Wage benchmark and the 2026 subsidy cliff

$75,150median annual wage, Financial Advisors in Arkansas
480%of the federal poverty level
$62,6002026 subsidy cliff, single-person household

Above the cliff. At this income a single-person household receives no premium tax credit for 2026 and pays the full premium.

This occupation is above the cliff in all 20 states reported.

Median annual wage by state, Personal Financial Advisors400% FPL — $62,600South Dakota$123,380Maryland$122,510Wisconsin$115,680Illinois$104,310Indiana$101,670Kansas$100,810Virginia$99,990South Carolina$98,900Michigan$98,830Georgia$98,490Florida$88,040Colorado$85,580Texas$82,180Ohio$82,100Nevada$81,940Alabama$79,600Arkansas$75,150Nebraska$74,040Oklahoma$73,020Utah$67,210

What this figure is. It is the median annual wage BLS reports for Personal Financial Advisors (SOC 13-2052) in Arkansas. BLS surveys wage and salary workers and excludes the self-employed, so it is a benchmark for the occupation in this state — not the income of a self-employed financial advisor. Premium tax credit eligibility is set by household modified adjusted gross income and household size, not by occupation, so treat this as a reference point rather than a determination of what you qualify for.

Why the cliff is back. The enhanced premium tax credits expired on 31 December 2025. For plan year 2026 the 400% FPL limit applies again, so household income above $62,600 ends premium tax credit eligibility outright.

Sources
  1. U.S. Bureau of Labor Statistics. Occupational Employment and Wage Statistics, May 2024. State-level annual median wage (A_MEDIAN), detailed occupation. https://www.bls.gov/oes/. Retrieved 2026-08-03. Figures used unmodified; suppressed cells are omitted, not estimated.
  2. U.S. Department of Health and Human Services. Annual Update of the HHS Poverty Guidelines. 90 FR 5917, 17 January 2025. https://aspe.hhs.gov/topics/poverty-economic-mobility/poverty-guidelines. Retrieved 2026-08-03. The 2025 guidelines govern premium tax credit eligibility for plan year 2026 coverage. The 2026 guidelines apply to 2027 coverage.
  3. Full dataset for all occupations and states: CSV · JSON (CC BY 4.0).

How Arkansas compares with every other state →

Going deeper on Arkansas

This page compares states. For Arkansas specifically — county-by-county carriers, plan data and enrollment help — I publish that on Coverage by County, including a page written for Financial Advisors in Arkansas and a blog covering deductibles, subsidies and special enrollment.

← Financial Advisors in all 21 states · All occupations

Looking ahead to 2027 as a financial advisor in Arkansas

Right now 4 carriers file plans across the 75 counties of Arkansas. Participation is reset annually, which is why Financial Advisors should check the roster in November rather than assume this year’s options carry over.

On price the only honest number today is national: the Peterson-KFF read of 2027 filings puts the median proposed rise near 15%, spanning −1% to 54%. Final Arkansas rates are not approved, so any precise 2027 figure quoted for this state is guesswork.

Enrollment opens November 1, 2026. Treat December 15 as the deadline: it guarantees January 1 cover on every marketplace, Arkansas included. Conflicting end dates get quoted because a 2025 rule shortened the window and a court vacated it in June 2026, appeal pending — enrol by the 15th and the argument is irrelevant to you.

In your favour: PPOs are sold in all 75 Arkansas counties. That is the type most likely to pay toward out-of-network care, and worth defending at renewal if your work as a financial advisor takes you around.

A head start beats a scramble

Nothing about 2027 is urgent yet, which is exactly why it is worth ten minutes now. Come November you will be choosing between Arkansas’s carriers under a deadline; today you can do it without one.

Give me a ZIP and I will tell you three things:

Map my 2027 options →

Arkansas Financial Advisors: your county sets the price, not your trade

There is no single Arkansas price. Enter your ZIP and I will pull what is filed in your county, then work out what help you qualify for.

One field. No account, no phone call unless you ask for one.