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 This material may not be published, broadcast, or rewritten without permission.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

Most Read This Week

July 23, 2015 14760

UPDATE: Family Confirms Body of Missing Teen…

by Shawn Freels, SurfKY News
July 27, 2015 5210

Death of Central City Man in Dawson Springs Under…

by SurfKY News
July 22, 2015 4453

No. 9 Steakhouse Suffers Fire; Owners Vow to…

by Doreen Dennis, SurfKY News
July 23, 2015 4416

Woman Accused of Striking Juvenile with Metal Belt

by SurfKY News
July 27, 2015 3651

School System Announces Free Lunch/Breakfast at…

by SurfKY News

Most Read This Month

July 02, 2015 19526

Emergency Response Team on Scene of Standoff on…

by Doreen Dennis, SurfKY News
July 17, 2015 15677

Muhlenberg Most Wanted - Top 10

by SurfKY News

Stories Trending Now

July 28, 2015 2051

Hanson Youth Wins Soap Box Derby World…

by Tammy Holloway, SurfKY News
July 28, 2015 1880

Heavy Rains, Two Wrecks Impede WKP Travel

by Doreen Dennis, SurfKY News
July 29, 2015 1636

Miss Hopkins County Fair 2015 Chosen

by Tammy Holloway, SurfKY News
July 28, 2015 1554

Hopkins County Grand Jury Indictments

by SurfKY News
July 28, 2015 1331

Bud's Gun Shop to Re-Open Uncle Lee's

by SurfKY News
July 29, 2015 1233

Crime Stoppers Top Most Wanted - July 29, 2015

by SurfKY News
July 28, 2015 1213

Hopkins County Misdemeanor Indictments

by SurfKY News
July 28, 2015 1155

Madisonville Police Arrest Reports Released -…

by SurfKY News
July 28, 2015 1092

Hopkins County Sheriff's Reports Released

by SurfKY News
July 29, 2015 873

PPD Warns Public: Beware of Facebook Scam

by SurfKY News