healthcare money1 300FRANKFORT, Ky. (11/14/13) – “Kentucky will comply with the President’s request to allow Kentucky’s insurers the option of determining whether to extend existing health insurance policies to current policyholders for one more year. This will be a business decision for each insurer to make, as many of them have invested a great deal of time and money into preparing for the transition to new standards under the Affordable Care Act (ACA).

In Kentucky, only about 6 percent of the population may be affected by today’s an-nouncement – those who have existing health insurance policies on the individual or small group market.

The Governor has directed the Department of Insurance (DOI) to take steps to imple-ment the President’s request. DOI will work closely with insurers to make sure they make appropriate notifications to policy holders and offer them a full view of op-tions – including the fact that all Kentuckians are able to shop on kynect, the state’s health insurance exchange, to seek alternative health insurance plans. All plans on the exchange meet all ACA guidelines and may cost less than existing poli-cies on the private market, plus many Kentuckians will be eligible for subsidies to help pay for premiums.

Today’s decision has no effect on the fact that all Kentuckians now have access to affordable, reliable health care and they cannot be denied coverage for any reason. More than 40,000 Kentuckians have already signed up for new health insurance thanks to the ACA and kynect.” – Gov. Steve Beshear

SurfKY News
Information provided by Office of Gov. Steve Beshear

LIKE SurfKY on Facebook - Click here to LIKE us now.

© Copyright 2015 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story on social media.

In Other News...

UniFirst Celebrates with Ribbon Cutting Ceremony

HENDERSON, Ky. (4/17/15) — Staff from UniFirst Corporation's Evansville location were joined by Kyndle Ambassadors and… Read More

Two Charged in Connection with Powderly Firearms Theft

POWDERLY, Ky. (4/17/15) ― The Muhlenberg County Sheriff’s Office has made two arrests in connection with the theft of… Read More
1 DOW 17,826.30
-279.47 (-1.54%)    
2 S&P 2,081.18
-23.81 (-1.13%)    
3 NASDAQ 4,931.81
-75.98 (-1.52%)    

Most Read This Week

April 13, 2015 6196

Three Juveniles, Adult Accused of Vandalizing…

by Deputy Will Coursey
April 17, 2015 5419

An Open Letter from an Addict

by Olivia Kirks
April 14, 2015 5002

Several Juveniles Charged in Connection with Fight

by SurfKY News
April 18, 2015 3939

Man Charged with Attempting to Coerce Minor for…

by Madisonville Police Department
April 16, 2015 3381

Crime Stoppers Fugitive of the Week – April 16,…

by Hopkinsville – Christian County Crime Stoppers

Most Read This Month

March 18, 2015 10075

UPDATE: Hanson Man Located in Henderson, Taken to…

by Trooper Stu Recke
April 02, 2015 8462

UPDATE: Madisonville Man Injured in Head-on…

by Doreen Dennis, SurfKY News

Stories Trending Now

April 17, 2015 5419

An Open Letter from an Addict

by Olivia Kirks
April 18, 2015 3939

Man Charged with Attempting to Coerce Minor for…

by Madisonville Police Department
April 17, 2015 1282

Madisonville Police Reports Released

by Rita Dukes Smith, SurfKY News Director
April 17, 2015 1239

Two Charged in Connection with Powderly Firearms…

by SurfKY News
April 17, 2015 1112

Police Officers Building Up Community by Helping…

by Doreen Dennis, SurfKY News
April 17, 2015 1024

Hopkins County Sheriff's Reports Released

by SurfKY News
April 18, 2015 945

MPD Offers Advice On Prom, Underage Drinking

by Lt. Billy Poe
April 17, 2015 890

'The Bidding is On' at Annual Library Auction

by Tammy Holloway, SurfKY News
April 17, 2015 717

Free Seedling Plantings Available While Supplies…

by Amber Averitt, SurfKY News
April 17, 2015 641

Brown Pitches Baseball to Series Opener over…

by UK Athletics