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

e-max.it: your social media marketing partner

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 This material may not be published, broadcast, or rewritten without permission.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...

Whitfield Announces Nearly $50K Grant for Poole Fire Department

WASHINGTON (7/30/15) — U.S. Representative Ed Whitfield (KY-01) is pleased to announce a grant to the Poole Community… Read More

Four Wheeler Pursuit Results in Charges

DAVIESS COUNTY, Ky. (7/31/15) — According to a Daviess County Sheriff's Department report, on July 30, 2015 at 11:18… Read More
1 DOW 17,689.86
-56.12 (-0.32%)    
2 S&P 2,103.84
-4.79 (-0.23%)    
3 NASDAQ 5,128.28
-0.50 (-0.01%)    

Most Read This Week

July 27, 2015 5738

Death of Central City Man in Dawson Springs Under…

by SurfKY News
July 27, 2015 3752

School System Announces Free Lunch/Breakfast at…

by SurfKY News
July 30, 2015 3026

Webster Man Leads Police on Chase through Parts…

by SurfKY News
July 31, 2015 2990

Miss Hopkins County Fair 2015 Chosen

by Tammy Holloway, SurfKY News
July 28, 2015 2477

Hanson, Owensboro, Bowling Green Youths Win at…

by Tammy Holloway, SurfKY News

Most Read This Month

July 02, 2015 19840

Emergency Response Team on Scene of Standoff on…

by Doreen Dennis, SurfKY News
July 17, 2015 16157

Muhlenberg Most Wanted - Top 10

by SurfKY News

Stories Trending Now

July 30, 2015 3026

Webster Man Leads Police on Chase through Parts…

by SurfKY News
July 31, 2015 2990

Miss Hopkins County Fair 2015 Chosen

by Tammy Holloway, SurfKY News
July 29, 2015 1537

24th Annual Miss Teen Hopkins County Fair Pageant…

by Tammy Holloway, SurfKY News
July 31, 2015 1413

Little Miss, Mister Hopkins County Fair Chosen

by Tammy Holloway, SurfKY News
July 29, 2015 1219

Hanson City Council Discusses Boundaries, Zoning

by Tammy Holloway, SurfKY News
July 30, 2015 1154

UPDATE: Body of Missing 8 Year Old Found; No Foul…

by SurfKY News
July 30, 2015 1050

Madisonville Police Arrest Reports Released -…

by SurfKY News
July 31, 2015 909

State Fair President Commends Hopkins County Fair…

by Tammy Holloway, SurfKY News
July 31, 2015 856

Hopkins District Court Fines Handed Down

by SurfKY News
July 30, 2015 653

Two Teens Face Multiple Charges Including Burglary

by SurfKY News