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

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 This material may not be published, broadcast, or rewritten without permission.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

Special Meeting of the Board of Commissioners Will Be Held

OWENSBORO, Ky. (4/27/15) — Special meeting of the Board of Commissioners will be held at City Hall, 101 E. 4th Street,… Read More

Single Vehicle Accident Results in Fatality

DAVIESS COUNTY, Ky. (4/27/15) — According to a Daviess County Sheriff's report, first responders (DCSO, KSP, East… Read More

Most Read This Week

April 23, 2015 7754

Man Charged with Sodomy, Incest/Victim under 12

by SurfKY News
April 20, 2015 5000

Nortonville Woman Charged with Meth Possession at…

by Madisonville Police Department
April 24, 2015 4340

UPDATE: Police Can't Substantiate Injured Man…

by Doreen Dennis, SurfKY News
April 22, 2015 4055

Crime Stoppers Fugitive of the Week – April 22,…

by Hopkinsville – Christian County Crime Stoppers
April 22, 2015 3979

Madisonville Man Accused of Domestic Violence/Rape

by SurfKY News

Most Read This Month

April 17, 2015 12802

An Open Letter from an Addict

by Olivia Kirks
April 02, 2015 8884

UPDATE: Madisonville Man Injured in Head-on…

by Doreen Dennis, SurfKY News

Stories Trending Now

April 26, 2015 1037

New Drug Helps Farmer with Parkinson's Return to…

by Laura Dawahare
April 26, 2015 642

White Plains Civil War Festival Provides Learning…

by Tammy Holloway, SurfKY News
April 26, 2015 545

Spring Lawn, Garden Fair Participants Learn from…

by Tammy Holloway, SurfKY News
April 26, 2015 538

College of Education Alum's Studies, Experience…

by Amanda Nelson
April 26, 2015 511

Dave Says - April 26, 2015

by Dave Ramsey
April 26, 2015 507

Legislator's Log - Week of April 26, 2015

by Brent Yonts
April 26, 2015 496

Mother's Day Buffet Planned at State Parks May 10

by Gil Lawson
April 27, 2015 477

Mustangs Lose to Ohio County via Shutout

by Steve LeMaster
April 26, 2015 467

Outdoor Truths - April 26, 2015

by Gary Miller
April 26, 2015 361

Dawson Springs Mule, Draft Horse Days Come to a…

by Amber Averitt, SurfKY News