Kentucky insurance exchange offers only one option for many health plan shoppers

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Residents of several of the state’s counties will have only one coverage option to choose next year. The Kentucky insurance exchange will continue to have health plan options for consumers across the state. That said, residents of some counties will have only one coverage option to buy. The recently released county level map of the state illustrated the 2018 health insurance company participation. That said, despite the fact that some people have exceptionally limited options on the Kentucky insurance exchange, they are considering themselves lucky when compared to counties in…

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State-run health insurance exchanges contain security flaw

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An investigation has discovered that the California, Vermont and Kentucky sites left personal data vulnerable. In a recent investigation of state-run health insurance exchange websites, “significant cybersecurity weaknesses” were discovered in California, Vermont and Kentucky, according to federal officials. These flaws in the websites may have left the personal information of residents of those states open to hackers. The Government Accountability Office (GAO) discovered the vulnerabilities. This independent agency functions as a watchdog organization over Congress. The investigation it conducted looked into the health insurance exchange websites of the individual…

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Changes to Kentucky Medicaid program may make health insurance more expensive for consumers

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Rand Paul wants people to pay for the coverage they receive through Medicaid Senator Rand Paul has announced that he will aid Kentucky Governor Matt Bevin in acquiring a waiver from the federal government to allow the state to charge Medicaid recipients for the health insurance coverage they receive. Senator Paul suggests that the Medicaid program is a financial burden, and if consumers do not pay for the coverage they receive the program may no longer be viable. The senator wants the state to move away from the Medicaid program,…

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Kentucky approves controversial health insurance deal between Aetna and Humana

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New Insurance Commissioner grants approval for Aetna’s acquisition of Humana Kentucky’s new Insurance Commissioner, H. Brian Maynard, has approved of a controversial acquisition plan from Aetna. The insurance provider has plans to acquire Humana in a deal that has caused concern among consumers and some government officials. The deal is valued at approximately $37 billion and some fear that it could have a dramatic impact on the health insurance market. Commissioner Maynard’s decision to approve the deal has been met with some criticism. Economists have yet to report on the…

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Kentucky aims to close its health insurance exchange

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Governor Matt Bevin intends to shut down the Kentucky health insurance exchange Kentucky lawmakers are beginning to move forward with plans to close the state’s health insurance exchange. In late December of 2015, Governor Matt Bevin sent a letter to federal officials informing them of the plan. The governor noted that the exchange will no longer be operational “as soon as is practicable.” According to federal law, this will be a year-long process, at least, and will not have an impact on the health insurance policies that were sold through…

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