Monday, December 17, 2012

Kentucky's Health Care Exchange


{Frankfort, Kentucky}…Beginning October 1, 2013, Kentuckians will be able to register for the state's new health care exchange, a key part of the Patient Protection and Affordable Care Act that will allow people who do not have insurance to shop for a benefits plan. Health insurance companies are expected to start filing plans for the exchange by February 1st. Consumers will be able to select from various levels, named after metals, among the plans offered: A bronze plan means that the premium the customer is charged is expected to cover 60 percent of the claim's cost; silver, 70 percent; gold, 80 percent; and platinum, 90 percent. The remainder would be paid by the consumer in co- payments, co-insurance and other fees.