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 This material may not be published, broadcast, or rewritten without permission.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

Happenings and Meetings - Hopkins County

HOPKINS COUNTY, Ky. (4/25/15) ― The following meetings and events are scheduled for the following week: Camper… Read More

Planning Commission Approves Zoning Amendments for Northside Drive, Hanson Road

MADISONVILLE, Ky. (4/25/15) — Hopkins County Joint Planning Commission met at its regularly scheduled meeting on… Read More
1 DOW 18,080.14
+21.45 (0.12%)    
2 S&P 2,117.69
+4.76 (0.23%)    
3 NASDAQ 5,092.08
+36.02 (0.71%)    

Most Read This Week

April 17, 2015 12233

An Open Letter from an Addict

by Olivia Kirks
April 23, 2015 7614

Man Charged with Sodomy, Incest/Victim under 12

by SurfKY News
April 18, 2015 5814

Man Charged with Attempting to Coerce Minor for…

by Madisonville Police Department
April 20, 2015 4923

Nortonville Woman Charged with Meth Possession at…

by Madisonville Police Department
April 24, 2015 4215

UPDATE: Police Can't Substantiate Injured Man…

by Doreen Dennis, SurfKY News

Most Read This Month

April 17, 2015 12233

An Open Letter from an Addict

by Olivia Kirks
April 02, 2015 8839

UPDATE: Madisonville Man Injured in Head-on…

by Doreen Dennis, SurfKY News

Stories Trending Now

April 25, 2015 1280

Above and Beyond: Wade Simons

by Gary Gates, SurfKY News
April 24, 2015 1021

Elementary Girls in Good GRACES with Unique…

by Tammy Holloway, SurfKY News
April 25, 2015 883

Planning Commission Approves Zoning Amendments…

by Tammy Holloway, SurfKY News
April 25, 2015 840

Superheroes ‘Bowl for Kids Sake’

by Tammy Holloway, SurfKY News
April 25, 2015 734

Focus on Hopkins County: Interview with Sheriff…

by Tim Thomas
April 25, 2015 688

Webster County Traffic Advisory

by Keith Todd
April 25, 2015 606

Tobacco Quitline Callers Eligible for Extra…

by Beth Fisher
April 25, 2015 564

Happenings and Meetings - Hopkins County

by Amber Averitt, SurfKY News
April 25, 2015 549

Keeping the Faith - 'To Die Trying'

by Ronnie McBrayer
April 25, 2015 522

Hooked on Science - 'Magnetic Money'

by Jason Lindsey