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 This material may not be published, broadcast, or rewritten without permission.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

Most Read This Week

July 02, 2015 13900

Emergency Response Team on Scene of Standoff on…

by Doreen Dennis, SurfKY News
July 02, 2015 5301

Police: Stand Off Suspect in Critical Condition

by Doreen Dennis, SurfKY News
June 29, 2015 4823

UPDATE: Victim of Home Invasion/Homicide Died of…

by SurfKY News
June 29, 2015 3653

Accused Synthetic Marijuana Traffickers Appear in…

by Doreen Dennis, SurfKY News
June 28, 2015 3531

'Curb Service’ at Local Eatery Ends with DUI…

by Doreen Dennis, SurfKY News

Most Read This Month

June 24, 2015 45094

Western Kentucky, Southern Indiana's Largest…

by Doreen Dennis, SurfKY News
July 02, 2015 13900

Emergency Response Team on Scene of Standoff on…

by Doreen Dennis, SurfKY News

Stories Trending Now

July 02, 2015 13900

Emergency Response Team on Scene of Standoff on…

by Doreen Dennis, SurfKY News
July 02, 2015 5301

Police: Stand Off Suspect in Critical Condition

by Doreen Dennis, SurfKY News
July 01, 2015 3154

Police Seeking Public Help in Locating Subject…

by SurfKY News
July 01, 2015 1858

Crime Stoppers Top Most Wanted - July 2, 2015

by Crime Stoppers
July 01, 2015 1665

Two Vehicle Collision Sends One to Hospital

by SurfKY News
July 01, 2015 1609

Tyson Foods to Add 91 Jobs, Invest $8.2M at…

by Kimberly Tarter
July 01, 2015 1277

Goodman Revival Fills 'Praise in the Park' with…

by Tammy Holloway, SurfKY News
July 01, 2015 1179

Juried Art, Photography Exhibit Open at Glema…

by Tammy Holloway, SurfKY News
July 01, 2015 1151

Madisonville Police Arrest Reports Released -…

by SurfKY News
July 02, 2015 1144

North Middle School Welcomes New Principal

by Julie Wischer