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 This material may not be published, broadcast, or rewritten without permission.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

In Other News...

Driver Injured after Swerving to Avoid Striking Animal in Road

MADISONVILLE, Ky. (8/27/15) — A man was taken to the hospital by ambulance after he swerved to miss an animal that ran… Read More

Most Read This Week

August 24, 2015 10509

Teen Reports Slasher Attempted to Attack Him on…

by Doreen Dennis, SurfKY News
August 24, 2015 5845

Alleged Burglar Calls 911 to Report Fire

by SurfKY News
August 22, 2015 4919

Hopkins County Grand Jury Indictments

by SurfKY News
August 24, 2015 4856

UPDATE: Four Dead, Two Survive Boating Accident

by SurfKY News
August 24, 2015 3876

MPD Coducting Sobriety Checkpoints

by SurfKY News

Most Read This Month

August 06, 2015 14631

Muhlenberg Woman Reportedly Suffers Violent…

by SurfKY News
August 24, 2015 10509

Teen Reports Slasher Attempted to Attack Him on…

by Doreen Dennis, SurfKY News

Stories Trending Now

August 27, 2015 3864

All is Well after MNHHS Lockdown

by Doreen Dennis, SurfKY News
August 27, 2015 1533

Kentucky Career Center Blood Drive Aug. 31

by SurfKY News
August 26, 2015 1127

Legislators Preview Election 2015

by KET
August 27, 2015 870

Madisonville Police Arrest Reports Released -…

by SurfKY News
August 27, 2015 844

Driver Injured after Swerving to Avoid Striking…

by Doreen Dennis, SurfKY News
August 27, 2015 495

Remember Alison Parker, Adam Ward Not the Killer

by SurfKY News
August 27, 2015 480

KSP Charges Jefferson County Man with Child…

by SurfKY News
August 27, 2015 425

Rep. Steve Riggs Challenges State, Local…

by SurfKY News
August 27, 2015 404

Jobless Rates down in 115 Kentucky Counties in…

by SurfKY News
August 27, 2015 387

Four Face Meth Charges

by SurfKY News