Kentucky Introduces New Health Insurance Exchange

Kentucky Introduces New Health Insurance Exchange

Kentuckians will be able to buy health insurance through the exchange beginning October 1st.
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As part of the Affordable Care Act, Governor Beshear announces Kentucky's new health insurance exchange program. It's called Kynect.

Governor Beshear says Kentucky ranks at, or near the bottom in most health statistics.  He says too many people are using the emergency room instead of seeing a primary care physician. 

"This lack of early care is one reason Kentucky's heath picture is so horrendous," said Governor Beshear.

He says a big part of the problem is a lack of health insurance.  The Governor says about 650,000 Kentuckians are uninsured.  He says this hurts the state in a number of ways.

"A kid is not going to do better in school if they're sick, if they don't feel good, if they've got bad teeth," said Beshear.

Last week, the Governor announced half of the uninsured will now be eligible for Medicaid.  The other half will be able to purchase health insurance through Kynect. 

"There's always that fear of the unknown.  I would refer you to Massachusetts in 2006, when then Governor Mitt Romney instituted a program very similar," said Beshear.

You'll be hearing a lot about Kynect.

"There will be a full scale advertising campaign," said Beshear.

The state says 5 insurance companies plan to participate in the exchange.  The state hopes to know how much the plans will cost at the end of the month. 

To learn more about Kynect, you can go to: http://kynect.ky.gov/
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