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 This material may not be published, broadcast, or rewritten without permission.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

Posted on 2/2/14
1 DOW 17,630.27
+189.68 (1.09%)    
2 S&P 2,093.25
+25.61 (1.24%)    
3 NASDAQ 5,089.21
+49.43 (0.98%)    

Most Read This Week

July 23, 2015 14446

UPDATE: Family Confirms Body of Missing Teen…

by Shawn Freels, SurfKY News
July 27, 2015 4751

Death of Central City Man in Dawson Springs Under…

by SurfKY News
July 23, 2015 4315

Woman Accused of Striking Juvenile with Metal Belt

by SurfKY News
July 22, 2015 4222

No. 9 Steakhouse Suffers Fire; Owners Vow to…

by Doreen Dennis, SurfKY News
July 22, 2015 3905

UPDATE - GPD Recovers Stolen Vehicle, Arrest Made

by SurfKY News

Most Read This Month

July 02, 2015 19349

Emergency Response Team on Scene of Standoff on…

by Doreen Dennis, SurfKY News
July 17, 2015 15386

Muhlenberg Most Wanted - Top 10

by SurfKY News

Stories Trending Now

July 27, 2015 4751

Death of Central City Man in Dawson Springs Under…

by SurfKY News
July 27, 2015 3500

School System Announces Free Lunch/Breakfast at…

by SurfKY News
July 27, 2015 1625

Family Needs Help in Paying 18-Year-Old's Funeral…

by SurfKY News
July 28, 2015 1256

Hanson Youth Wins Soap Box Derby World…

by Tammy Holloway, SurfKY News
July 27, 2015 1212

Baptist Health Names Regional Marketing, Public…

by SurfKY News
July 27, 2015 1123

New Madisonville Public Parking Area Announcement

by SurfKY News
July 27, 2015 1110

Madisonville Police Arrest Reports Released –…

by SurfKY News
July 27, 2015 811

Dawson Springs Police Reports Released

by SurfKY News
July 28, 2015 681

Hopkins County Grand Jury Indictments

by SurfKY News
July 27, 2015 666

Missions in a Belizean Paradise

by SurfKY News