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 This material may not be published, broadcast, or rewritten without permission.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

GPD Reminds Citizens about Yard Sale Signs

GREENVILLE, Ky. (5/25/15) — Greenville Police Department would like remind the citizens of Greenville about laws… Read More

Reading Solutions Offers Students a Hand in Learning

GREENVILLE, Ky. (5/24/15) ― The Muhlenberg County Chamber of Commerce held a ribbon cutting ceremony for Reading… Read More

Most Read This Week

May 22, 2015 6745

Madisonville Man Charged with First-Degree Rape

by SurfKY News
May 23, 2015 6445

Missing 5-Year-Old Boy Found

by Doreen Dennis, SurfKY News
May 19, 2015 6133

Owensboro Health Proposes Building $15M Health…

by Doreen Dennis, SurfKY News
May 19, 2015 3909

Two Charged with Marijuana Possession after…

by SurfKY News
May 20, 2015 3429

Pennyrile Forest State Resort Park Holding Beach…

by Gil Lawson

Most Read This Month

May 15, 2015 10622

New Madisonville Business In Full Operation Soon

by Tammy Holloway, SurfKY News
May 15, 2015 7459

Investigation of Local Barber Shop Leads to Drug…

by SurfKY News

Stories Trending Now

May 25, 2015 1561

UPDATE - MPD Seeks Three in Residential Robbery

by SurfKY News
May 24, 2015 1285

MCC's Felicia Johnson Receives State KCTCS Award

by Tammy Holloway, SurfKY News
May 25, 2015 1252

Can Sunscreen Save Your Life?

by Melissa Patrick
May 23, 2015 1087

'Cooking for the Cure' Fundraiser Brings Out…

by Tammy Holloway, SurfKY News
May 25, 2015 696

Hopkins Man Injured in Muhlenberg Motorcycle…

by SurfKY News
May 24, 2015 641

Reading Solutions Offers Students a Hand in…

by Charles W. Riley II, SurfKY News
May 24, 2015 629

Caldwell County Native Helping Unwrap Secrets of…

by Whitney Harder
May 24, 2015 520

Prosecutors from Kentucky, Tennessee to Attend…

by Leland Hulbert
May 23, 2015 518

Whitfield Meets with Kentucky Ambulance Providers

by Ed Whitfield
May 24, 2015 425

'Remember Our Military' by Glenn Mollette

by SurfKY News