Tag: Kentucky insurance

Kentucky approves controversial health insurance deal between Aetna and Humana

Marc
Kentucky insurance exchange health insurers

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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Health insurance rates to go up in Kentucky

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%…

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

Julie Campbell
Cell Phone Insurance technology

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…

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Christian cost sharing health plan forced to cease operations

Cost sharing health plan makes insurance news

The Kentucky Medi-Share coverage has been put to a halt by the state. The Department of Insurance in Kentucky has advised the members of Medi-Share, a Christians only cost sharing health plan, that this coverage has been ordered to cease its operations within the state, and that if they wish to continue their coverage, then they will need to seek policies from other insurers. This announcement came following the ruling of Thomas Wingate, a Franklin County Circuit Judge. That ruling was made earlier in October, and stated that as the…

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Catastrophic tornados trample the South and Midwest, claiming 33 lives

S.Vagus

An outbreak of deadly and devastating tornadoes wrought havoc in many Southern and Midwest states over the weekend. The disasters began on Friday last week. The tornadoes struck a major blow to four states: Kentucky, Indiana, Ohio and Alabama. The people in these states had little warning of the storms, which manifested at an alarmingly fast pace. The tornadoes quickly grew in intensity and caused a significant amount of damage to everything in their path. When the winds finally calmed after hours of fury, approximately 33 people were found dead.…

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