Passport Health Plan purchase moving forward

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Passport Health Plan Medicaid

FRANKFORT, Ky. (WTVQ)- The Attorney General’s office has approved the sale of Passport Health Plan in Louisville.

Under state law, the Attorney General must sign off on the $70 million deal since a for-profit company will be taking over a nonprofit.

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The deal, announced this spring, would mean Passport would become part of Evolent Health, which is a for-profit company based in Virginia.

In a letter, the Attorney General’s office says it approved the transaction because the $70 million will go to the nonprofits that founded Passport.

The letter also says Evolent Health shows a “commitment” to finishing a health and well-being facility planned for West Louisville and the sale should mean “minimal disruption” to Medicaid coverage for 300,000 low-income people who get health coverage through Passport.

 

 

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Veronica Jean Seltzer joins ABC 36 as Anchor/Reporter. On most weekdays, you will see her reporting the news. VJ hails from a small horse farm outside New York City and most recently comes from South Bend, Indiana where she reported for the CBS and Fox affiliates. VJ holds a Master of Science in Journalism degree from Columbia University and a Bachelor of Arts degree from Tufts University. Her passion for journalism runs deep. It began as she studied graffiti as an ancient form of communication in Athens, Greece. While a student journalist in Morocco, she learned her most important journalistic lesson: good stories are about people. VJ loves life in and around Lexington. She feels most at home among horses and a diverse community of fascinating people. She enjoys reporting during the week and on the weekend she strives to bring her neighbors the news that matters most to them. VJ enjoys going to neighborhood events, exploring, horseback riding, skiing, sailing, and good movies. Look for her out and about in the community! VJ invites you to reach out to her with story ideas or just to say hello! Find her on Facebook at Veronica Jean Seltzer ABC 36, tweet her @VJS_ABC36, or email her at VSeltzer@wtvq.com. She looks forward to hearing from you!