The state intends to restart Kynect, its own exchange allowing residents to enroll in plans. Governor Andy Beshear has announced the state’s intention to reopen Kynect, the Kentucky health insurance marketplace. The exchange makes it possible for residents who don’t have coverage through an employer to enroll in a plan or sign up for Medicaid if they are eligible. The exchange was originally dismantled in 2017 by former Governor Matt Bevin. Kentucky Voices for Health director of policy advocacy Cara Stewart explained that state residents who want to purchase coverage…
Read MoreTag: Kentucky insurance
Kentucky insurance exchange offers only one option for many health plan shoppers
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…
Read MoreNew Kentucky Insurance Commissioner steps up to head her department
Nancy G. Atkins has been the deputy commissioner and has now been appointed to the top spot. The new Kentucky Insurance Commissioner has now been named as former Deputy Commissioner Nancy G. Atkins was appointed to the position. Atkins is now heading the state’s Insurance Department, where she already has extensive experience. The latest Kentucky Insurance Commissioner is no new entry to the industry or the types of duties she has taken on as her own. Atkins has been working within the insurance industry for 33 years. She has worked…
Read MoreKentucky insurance exchange loses another health insurer
Baptist Health Plan has announced that it will no longer be selling its policies in the state in 2017. Baptist Health Plan has announced that it will be leaving the Kentucky insurance exchange next year. This will mean that approximately 7,000 people across the state will need to find new coverage for 2017. The health insurance company is the fourth largest in the state and notified officials of its decision via letter. The president of the insurance company, James S. Fritz, shared the reason for leaving the Kentucky insurance exchange…
Read MoreChanges to Kentucky Medicaid program may make health insurance more expensive for consumers
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,…
Read More