Live Insurance News

Health insurance rates to go up in Kentucky

June 5, 2015June 4, 2015 Logan B.

Kentucky insurance exchange health insurers

Insurers seek rate increases for policies sold through the state’s health insurance exchange The majority of the companies participating in Kentucky’s health insurance exchange are looking to raise premiums next year. These companies are citing the provisions of the Affordable Care Act as the reason for rate increases. The Kentucky Department of Insurance has receive rate increase proposals from most of the companies selling policies through the exchange. If approved, coverage through the exchange would become more expensive at the beginning of next year. Kentucky Health Cooperative seeks a 25.1%…

Is insurance technology the key to health plan enrollment of the “invincible” youth?

November 17, 2014November 15, 2014 Julie Campbell

Kentucky is using a mobile app called Kynect to try to reach more young people and encourage them to sign up. Officials in Kentucky are using insurance technology over mobile devices such as smartphones and tablets in order to try to be able to better reach young people and encourage them to enroll in health plans. The Kynect smartphone app launched with the insurance exchange in the state on Saturday. The Kynect mobile app represents some of the latest in insurance technology, in the hopes of appealing to younger demographics…

Companies seek to participate in Kentucky’s health insurance exchange

June 23, 2014June 20, 2014 S.Vagus

Exchange’s success proves attractive to two insurance companies that are now seeking to participate in the digital marketplace Two new insurance companies have expressed interest in selling their policies through Kentucky’s health insurance exchange. The state-run exchange has provided policies to more than 421,000 people throughout the state during its first open enrollment period. The exchange will have another enrollment period later this year and insurance companies are eager to participate in the exchange in order to gain access to a growing consumer base that is looking for insurance coverage.…

Health insurance plans in Kentucky move forward

February 23, 2013February 22, 2013 Logan B.

Kentucky establishes new agency to manage health insurance exchange While many states throughout the U.S. have decided to abandon their efforts concerning a health insurance exchange, Kentucky is one of the few that has decided to build and operate its own. State officials chose for the state to run its own exchange in the hopes that it will better address some of the health insurance concerns that are specific to Kentucky residents. State officials have now formed the Office of the Kentucky Health Benefits Exchange, a new agency that will…

Health insurance cease order goes into effect in Kentucky

November 5, 2012April 30, 2013

lawsuit Usher’s insurance broker company

Christians only plan is no longer allowed to continue and members must find coverage elsewhere. The members of a health insurance plan for Christians only have officially lost their coverage as of November 1, as a Kentucky judge’s order to cease operations has gone into effect. According to the judge, the program does not meet the state’s regulations for coverage. Thomas Wingate, a Franklin County Circuit Judge, ruled that Medi-Share does not meet the basic health insurance coverage regulations of the Department of Insurance, and that it will, therefore, not…