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 This material may not be published, broadcast, or rewritten without permission.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

Tennessee Man Wanted in Death Investigation

MURRAY, Ky. (8/4/15) ― Following a missing persons complaint Monday, Aug. 3, Murray Police officers responded to Broad… Read More

Two Die, Two Injured in Princeton Crash

PRINCETON, Ky. (8/3/15) — Four victims of a single-vehicle collision had to be extricated after an early morning crash… Read More
1 DOW 17,550.69
0.00 (0.00%)    
2 S&P 2,107.39
+14.07 (0.67%)    
3 NASDAQ 5,149.55
+44.01 (0.86%)    

Most Read This Week

July 30, 2015 4139

Webster Man Leads Police on Chase through Parts…

by SurfKY News
July 31, 2015 3995

Miss Hopkins County Fair 2015 Chosen

by Tammy Holloway, SurfKY News
August 01, 2015 2787

24th Annual Miss Teen Hopkins County Fair Pageant…

by Tammy Holloway, SurfKY News
August 01, 2015 2587

Little Miss, Mister Hopkins County Fair Chosen

by Tammy Holloway, SurfKY News
August 04, 2015 2349

Hopkins School System Has More Hiring to Do

by Tammy Holloway, SurfKY News

Most Read This Month

July 17, 2015 16975

Muhlenberg Most Wanted - Top 10

by SurfKY News
July 23, 2015 15946

UPDATE: Family Confirms Body of Missing Teen…

by Shawn Freels, SurfKY News

Stories Trending Now

August 04, 2015 2349

Hopkins School System Has More Hiring to Do

by Tammy Holloway, SurfKY News
August 04, 2015 1740

No. 9 Steakhouse Owners Working to Rebuild Dream

by Doreen Dennis, SurfKY News
August 04, 2015 1730

UPDATE: AT&T Says All Service Restored

by Rita Dukes Smith, SurfKY News Director
August 04, 2015 1031

School Board Chairman Resigns

by SurfKY News
August 04, 2015 930

Two Injured in Two-Vehicle Collision

by SurfKY News
August 04, 2015 863

Riddle Insurance Moves Madisonville Regional…

by Ron Sanders
August 04, 2015 805

Madisonville Police Reports Released

by SurfKY News
August 04, 2015 739

Hopkins County Sheriff's Reports

by SurfKY News
August 04, 2015 611

UPDATE: Escaped Inmate Captured, Incarcerated

by SurfKY News
August 03, 2015 521

Whitfield Vows to Fight Obama's Legacy Clean…

by SurfKY News