Kentucky Individual Health Insurance

While arguments rage over the availability of so-called Universal Healthcare, one thing remains consistent: affordable healthcare is a fleeting fancy. For the lucky Americans who have health insurance, going to the doctor or getting prescriptions filled is peace-of-mind 46-million (Source: US Census Bureau) only dream about. For them, the reality is often the stark possibility that a life-saving medical treatment or short stay in the hospital almost certainly mean eventual bankruptcy or, at the very least, long protracted battles with billing department and collections agencies. If you’re one of those unfortunate residents who need affordable Kentucky health insurance for you and your family, IndividualHealthInsurance.org is here to help.

We’re ready to help put you in touch with top Kentucky health insurance providers who will provide free, no-obligation quotes. Having a health insurance policy to at least cover basic emergency medical expenses or routine care may be the difference between a short stay in the hospital and forfeiting your retirement savings. Some states also extend coverage to include disability and long-term care.


Kentucky Individual Health Insurance

When you are looking to purchase individual health insurance in Kentucky, whether or not you’ll be approved for a policy is greatly influenced by how healthy you are and your past health status. Kentucky health insurance companies, in an effort to protect themselves from exorbitant medical expense claims, may deny individual health insurance coverage if they feel you fall into a high risk category. Some companies, however, will offer alternatives to outright denial. Some simply raise premium rates or deductibles. Others attach what are known as riders. A rider is a written addendum to a policy that exempts the company from responsibility to cover a pre-existing condition. The rider can be in effect for a short time or can last for the life of the policy. By law Kentucky health insurance companies can exclude coverage of a pre-existing condition for 2 years. When choosing your individual health insurance policy, be sure to read through it very carefully to understand the coverage you can expect.

Kentucky Group Health Insurance

In order for a company to qualify for Kentucky group health insurance, it must have between 2 and 50 employees. However, that does not mean that every employee on staff will be covered by the group health insurance. Part-time staff or those employees who live outside of the area serviced by the company’s group health insurance provider may not be able to participate in the company’s group plan. While waiting periods and pre-existing exclusions are regularly imposed by the health insurance providers for individual health insurance policies, for group health insurance policies it is usually the company’s who set out the restrictions on treatment. The good thing about group health insurance is that if you are an eligible employee who meets all of the criteria as set out by the employer, you are guaranteed insurance benefits no matter what your current health.


Kentucky COBRA Insurance

By Kentucky law, COBRA coverage applies to companies who have 20 or more persons in their employ. As long as you meet eligibility requirements, workers who are between jobs can apply COBRA coverage for up to 18 months. For disabled people, the coverage can be extended to 29 months. Eligible dependents may be able to enjoy continued COBRA coverage for up to 36 months. Since COBRA is an extension of your previous group health insurance from your provider, it only remains effective if the original policy is current. That is, if your former employer cancels the group health insurance policy for any reason, your COBRA coverage would also end. If your COBRA benefits run out, you may wish to contact the Kentucky Comprehensive Health Insurance Association (ACHIA) to obtain information on obtaining health insurance.

Peace-of-Mind is only a Few Clicks Away

Now that you have a solid understanding of the various aspects of health insurance, you are better equipped to understand this often confusing topic. If you already have coverage either through your employer or with COBRA, read through your policy to make sure it is satisfactory. If you don’t have health insurance, this would be a good time to protect your assets from the soaring healthcare costs by filling out a simple form at IndividualHealthInsurance.org so that you can receive your free health insurance quotes today.