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 This material may not be published, broadcast, or rewritten without permission.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

Daytime Lane Restrictions through Thurday

KENTUCKY (6/29/15) — The US 68/ Kentucky 80 Eggners Ferry Bridge will be restricted to one lane starting at… Read More
1 DOW 17,596.35
-350.33 (-1.95%)    
2 S&P 2,057.64
-43.85 (-2.09%)    
3 NASDAQ 4,958.47
-122.04 (-2.40%)    

Most Read This Week

June 24, 2015 44348

Western Kentucky, Southern Indiana's Largest…

by Doreen Dennis, SurfKY News
June 24, 2015 5170

Unraveling the $34 Billion KRS Ponzi Scheme

by Dr. William F. Smith
June 25, 2015 4261

Accused Synthetic Drug Traffickers Remain in U.S.…

by Doreen Dennis, SurfKY News
June 29, 2015 3121

UPDATE: Victim of Home Invasion/Homicide Died of…

by SurfKY News
June 28, 2015 3090

'Curb Service’ at Local Eatery Ends with DUI…

by Doreen Dennis, SurfKY News

Most Read This Month

June 24, 2015 44348

Western Kentucky, Southern Indiana's Largest…

by Doreen Dennis, SurfKY News
June 19, 2015 10914

Hopkins County Health Department Food Scores Thru…

by Barry Franklin

Stories Trending Now

June 29, 2015 3121

UPDATE: Victim of Home Invasion/Homicide Died of…

by SurfKY News
June 28, 2015 3090

'Curb Service’ at Local Eatery Ends with DUI…

by Doreen Dennis, SurfKY News
June 29, 2015 2141

Alleged Breast Display Ends in Domestic Assault…

by SurfKY News
June 29, 2015 2071

Nortonville Man Accused of Trying to Choke…

by SurfKY News
June 28, 2015 1801

2015 Freedom Fest Pageant Winner Chosen

by Tammy Holloway, SurfKY News
June 29, 2015 1416

Two Locals Face Drug Charges

by SurfKY News
June 27, 2015 1401

White Plains Freedom Fest Provides Free Family Fun

by Tammy Holloway, SurfKY News
June 29, 2015 1306

Accused Synthetic Marijuana Traffickers Appear in…

by Doreen Dennis, SurfKY News
June 28, 2015 823

Can You Recognize a Bully?

by Melissa Landon
June 28, 2015 741

Two Vehicle Accident Results in Injuries

by SurfKY News