The state of Kentucky currently has a state run health exchange where you can get quotes direct. As a basis for comparison, we encourage you to get quotes from other insurance companies. By having health insurance quotes from current providers as a base for comparison, you will have a better range of plans, information and overall access to affordable healthcare benefits.
Obamacare in Kentucky
What does Obamacare mean for Kentucky?
Due to the Affordable Care Act, every state has to ensure that its uninsured residents have access to affordable health care. They can either participate in the Health Care Marketplace or create a state-run exchange. Kentucky has opted to establish its own exchange, kynect. Residents can visit Kentucky's Healthcare Connection at www.kyenroll.ky.gov. When individuals go to the exchange, they can learn about their options for health insurance, whether they qualify for Medicaid, the Children's Health Insurance Program, or a variety of private plans. In addition, Kentucky is moving forward in expanding their Medicaid program in order to offer coverage to a larger percentage of the population. It should be noted that the governor's decision to expand Medicaid has faced lawsuits to overrule this option.
Who Will Benefit from Kentucky's Exchange?
Kentucky's Healthcare Connection is mainly for the uninsured, especially those of low income who have not been able to afford a health insurance policy. The exchange is also helpful for anyone who is paying extremely high premiums due to limited assistance from employers concerning premiums. The self-employed of Kentucky may be able to find more affordable options at their state's exchange as well.
What Will Happen for the Uninsured in Kentucky?
Uninsured residents in Kentucky need to take action by 2014. Otherwise, they will be forced to face a penalty. Those without insurance will have to pay 2% of their income or $325 for each adult, with an additional $162.50 for each child. Whatever amount is higher is the amount that will be necessary. By visiting Kentucky's state exchange, residents can avoid fees and take advantage of affordable health care. While some residents may be exempt from the penalty, many will have to pay. Learn more at the link below.
Kentucky State Exchange Link
You can use the links below to get quotes direct from insurance providers.