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 This material may not be published, broadcast, or rewritten without permission.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

Lyon County Traffic Advisory

KENTUCKY (8/31/15) — The Kentucky Transportation Cabinet plans a lane and load width restriction on the Kentucky 453… Read More

Endowment Recognizes Donor, Announces Music, Memory Program at Spring Creek Health Care

MURRAY, Ky. (8/30/15) — The Murray-Calloway Endowment for Healthcare was recently presented with a $5,000 donation from… Read More
1 DOW 16,528.03
0.00 (0.00%)    
2 S&P 1,972.18
0.00 (0.00%)    
3 NASDAQ 4,776.51
0.00 (0.00%)    

Most Read This Week

August 24, 2015 11592

Teen Reports Slasher Attempted to Attack Him on…

by Doreen Dennis, SurfKY News
August 27, 2015 4789

All is Well after MNHHS Lockdown

by Doreen Dennis, SurfKY News
August 30, 2015 3649

UPDATED: 'He Fought the Law ... but, the Law Won'

by Doreen Dennis, SurfKY News
August 31, 2015 3603

Man Convicted of Hopkins Countian's Death Granted…

by Doreen Dennis, SurfKY News
August 26, 2015 2860

Man Charged with Theft, Meth, Marijuana Growing

by SurfKY News

Most Read This Month

August 06, 2015 17537

Muhlenberg Woman Reportedly Suffers Violent…

by SurfKY News
August 24, 2015 11592

Teen Reports Slasher Attempted to Attack Him on…

by Doreen Dennis, SurfKY News

Stories Trending Now

August 30, 2015 3649

UPDATED: 'He Fought the Law ... but, the Law Won'

by Doreen Dennis, SurfKY News
August 31, 2015 3603

Man Convicted of Hopkins Countian's Death Granted…

by Doreen Dennis, SurfKY News
August 30, 2015 2081

Happenings, Meetings Listed for Following Week

by Tammy Holloway, SurfKY News
August 30, 2015 1450

Smoke Fills Business, Upstairs Apartment on Center

by Doreen Dennis, SurfKY News
August 30, 2015 1436

Commission Recommends Zoning Changes at Mahr…

by Tammy Holloway, SurfKY News
August 30, 2015 1131

Fire at Gas Pump Prompts Firefighters Swift Action

by Doreen Dennis, SurfKY News
August 31, 2015 1101

Bremen's Father's Country Hams Kentucky Grand…

by Tammy Holloway, SurfKY News
August 30, 2015 1065

UofL Electrical Blast Treatment to Increase…

by SurfKY News
August 30, 2015 786

Dave Says - Aug. 30, 2015

by SurfKY News
August 30, 2015 762

Education Chief Reflects on Service

by KET