Temporary Health Insurance in Kentucky
Kentucky Temporary Health Insurance Plans
87 percent of the whole population of Kentucky has health insurance. And 57 percent of all the companies in the state offer group health insurance to its employees. This indicates the most common reason for someone to lose his health insurance coverage: loss of employment. A greater number of families in the state of Kentucky gets their health insurance through an employer’s group health insurance plan.
People who are self-employed and who are working for company which does not offer group health insurance are obligated to pay for health insurance alone. Though having health insurance coverage from an employer relatively costs less than getting it from a private health insurance company, there are still a few disadvantages.
The greatest challenge of having to lose group health insurance coverage from an employer is realized by individuals who have pre-existing health conditions, and this also includes people who have dependents in similar circumstances. Getting temporary health insurance in Kentucky may not provide sufficient coverage for people with this condition, and getting a long-term health insurance plan in replacement for the group health insurance coverage may not be any better.
Private insurance companies in most states has implemented a pre-existing health condition exclusion as a risk management scheme to minimize the impact of more predictable medical expenditures. This is applied to people with pre-existing health conditions in exchange for providing them health insurance despite their health condition. This does not cover medical expenses related to a persons pre-existing health condition for a specified period of time. The state of Kentucky has temporary health insurance plans that bypass this predicament and allow people to have the same health insurance coverage as to what they had with their previous group health insurance.
COBRA and Kentucky State Continuation Coverage are two of the solutions that work by allowing people to retain their coverage for a limited period of time. This gives them the opportunity to complete a pre-existing condition exclusion with a new health insurance plan without having to worry about an interval. People who have lost their group health insurance coverage due to expiry and natural reasons or had been dismissed from work are provided with the group health insurance through COBRA to keep the coverage. Their dependent also has the same privilege. A disadvantage of electing COBRA or State Continuation Plan is that the person who had group health insurance coverage from an employer would have to pay for the full cost of the premium. Despite that, this can serve as a suitable alternative to temporary health insurance in Kentucky.
Another option would be to purchase the same exact coverage through Kentucky Conversion Policy. The person won’t also have to go through a new pre-existing health condition exclusion and he can have the same health coverage for his health condition. The disadvantage of purchasing health insurance through Conversion Policy is that there are no limitations in determining the cost of the premium. And more often than not, it is higher than the original cost of the health insurance plan.
Kentucky Access (1-866-405-6145 for customer service), on the other hand, is a high-risk pool program dedicated to providing complete health insurance to people with preexisting health conditions. The applicant needs to be a certified resident of Kentucky or a beneficiary of a risk pool from another state. Kentucky Access is not designed for people with limited income since the premium can often be high depending on the applicant’s health condition. But there are a few financial aid programs in the state of Kentucky to provide assistance with the premium such as the Federal Health Coverage Tax Credit (1-866-628-HCTC). There are also a few eligibility requirements for someone to get health insurance through Kentucky Access without having to go through a pre-existing condition exclusion.
Private Insurance Companies that Offer Temporary Health Insurance in Kentucky
Louisville, Kentucky
§Humana Inc (Humana)
§Landamerica Financial Group, Inc (Landamerica Commonwealth Title)
§Humana Health Plan Of Kansas, Inc (Humana)
§Humana Group Health Plan Inc (Humana)
§Underwriters Safety And Claims, Inc
§Neace Lukens, Inc (Neace Lukens)
§Aetna Life Insurance Company (Aetna)
§Buchanan Insurance Consultant Services
§Gary Compton Insurance (Nationwide Mutual Insurance)
Lexington, Kentucky
§American Insurance Marketing Services Inc
§Direct General Insurance Company (Direct General Insurance Company)
§Life Investors Insurance Company Of America (Life Investors Insurance Company Of America)
§Randolph Scott Insurance Agency (Randolph Scott Insurance Agcy)
§Wells Fargo Insurance Services Of West Virginia Inc (Wells Fargo)
Bowling Green, Kentucky
§Commonwealth Health Corporation, Inc (Center Care Cmnty Hlth Plans)
§Direct General Agency Of Kentucky, Inc (Direct General Agency Of Kentucky, Inc)
§Hinds & Cox Insurance Agency
§Hughes & Assoc Insurance And Financial Services
§Van Meter Insurance Agency Inc
Owensboro, Kentucky
§American General Life And Accident
§Bradley & Bradley Insurance Agency (Bradley & Bradley Insur Agcy)
§Gardner Insurance Agency Inc (Gardner Insurance)
§Insurance Center Of Owensboro
§River City Insurance Agency
87 percent of the whole population of Kentucky has health insurance. And 57 percent of all the companies in the state offer group health insurance to its employees. This indicates the most common reason for someone to lose his health insurance coverage: loss of employment. A greater number of families in the state of Kentucky gets their health insurance through an employer’s group health insurance plan.
People who are self-employed and who are working for company which does not offer group health insurance are obligated to pay for health insurance alone. Though having health insurance coverage from an employer relatively costs less than getting it from a private health insurance company, there are still a few disadvantages.
The greatest challenge of having to lose group health insurance coverage from an employer is realized by individuals who have pre-existing health conditions, and this also includes people who have dependents in similar circumstances. Getting temporary health insurance in Kentucky may not provide sufficient coverage for people with this condition, and getting a long-term health insurance plan in replacement for the group health insurance coverage may not be any better.
Private insurance companies in most states has implemented a pre-existing health condition exclusion as a risk management scheme to minimize the impact of more predictable medical expenditures. This is applied to people with pre-existing health conditions in exchange for providing them health insurance despite their health condition. This does not cover medical expenses related to a persons pre-existing health condition for a specified period of time. The state of Kentucky has temporary health insurance plans that bypass this predicament and allow people to have the same health insurance coverage as to what they had with their previous group health insurance.
COBRA and Kentucky State Continuation Coverage are two of the solutions that work by allowing people to retain their coverage for a limited period of time. This gives them the opportunity to complete a pre-existing condition exclusion with a new health insurance plan without having to worry about an interval. People who have lost their group health insurance coverage due to expiry and natural reasons or had been dismissed from work are provided with the group health insurance through COBRA to keep the coverage. Their dependent also has the same privilege. A disadvantage of electing COBRA or State Continuation Plan is that the person who had group health insurance coverage from an employer would have to pay for the full cost of the premium. Despite that, this can serve as a suitable alternative to temporary health insurance in Kentucky.
Another option would be to purchase the same exact coverage through Kentucky Conversion Policy. The person won’t also have to go through a new pre-existing health condition exclusion and he can have the same health coverage for his health condition. The disadvantage of purchasing health insurance through Conversion Policy is that there are no limitations in determining the cost of the premium. And more often than not, it is higher than the original cost of the health insurance plan.
Kentucky Access (1-866-405-6145 for customer service), on the other hand, is a high-risk pool program dedicated to providing complete health insurance to people with preexisting health conditions. The applicant needs to be a certified resident of Kentucky or a beneficiary of a risk pool from another state. Kentucky Access is not designed for people with limited income since the premium can often be high depending on the applicant’s health condition. But there are a few financial aid programs in the state of Kentucky to provide assistance with the premium such as the Federal Health Coverage Tax Credit (1-866-628-HCTC). There are also a few eligibility requirements for someone to get health insurance through Kentucky Access without having to go through a pre-existing condition exclusion.
Private Insurance Companies that Offer Temporary Health Insurance in Kentucky
Louisville, Kentucky
§Humana Inc (Humana)
§Landamerica Financial Group, Inc (Landamerica Commonwealth Title)
§Humana Health Plan Of Kansas, Inc (Humana)
§Humana Group Health Plan Inc (Humana)
§Underwriters Safety And Claims, Inc
§Neace Lukens, Inc (Neace Lukens)
§Aetna Life Insurance Company (Aetna)
§Buchanan Insurance Consultant Services
§Gary Compton Insurance (Nationwide Mutual Insurance)
Lexington, Kentucky
§American Insurance Marketing Services Inc
§Direct General Insurance Company (Direct General Insurance Company)
§Life Investors Insurance Company Of America (Life Investors Insurance Company Of America)
§Randolph Scott Insurance Agency (Randolph Scott Insurance Agcy)
§Wells Fargo Insurance Services Of West Virginia Inc (Wells Fargo)
Bowling Green, Kentucky
§Commonwealth Health Corporation, Inc (Center Care Cmnty Hlth Plans)
§Direct General Agency Of Kentucky, Inc (Direct General Agency Of Kentucky, Inc)
§Hinds & Cox Insurance Agency
§Hughes & Assoc Insurance And Financial Services
§Van Meter Insurance Agency Inc
Owensboro, Kentucky
§American General Life And Accident
§Bradley & Bradley Insurance Agency (Bradley & Bradley Insur Agcy)
§Gardner Insurance Agency Inc (Gardner Insurance)
§Insurance Center Of Owensboro
§River City Insurance Agency
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