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Update on the Kentucky Health Benefit Exchange The Reede Scholars Health Equity Symposium

Update on the Kentucky Health Benefit Exchange The Reede Scholars Health Equity Symposium. Bill Nold Deputy Executive Director. May 8, 2014. Kentucky’s uninsured. 640,000 are currently uninsured: 300,000 may qualify for Medicaid under the new eligibility rules

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Update on the Kentucky Health Benefit Exchange The Reede Scholars Health Equity Symposium

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  1. Update on the Kentucky Health Benefit Exchange The Reede Scholars Health Equity Symposium Bill Nold Deputy Executive Director May 8, 2014

  2. Kentucky’s uninsured 640,000 are currently uninsured: • 300,000 may qualify for Medicaid under the new eligibility rules • 290,000 may qualify for premium assistance through the Exchange • Estimates as of 2012 • 640,000 are uninsured (15.5%) • 593,800 <65 are uninsured (16.2%) • Estimated that 308,000 may qualify for Medicaid under the new eligibility rules • Estimated that 290,000 may qualify for premium assistance through the Exchange • Estimated that 50,000 may purchase insurance on the Exchange without subsidy

  3. Percentage of Uninsured by County2012 2012 Small Area Health Insurance Estimate, U.S. Census 65 and under Population. 16.2% statewide

  4. Kentucky’s uninsured 640,000 are currently uninsured: • 300,000 may qualify for Medicaid under the new eligibility rules • 290,000 may qualify for premium assistance through the Exchange • Business Metrics as of April 22, 2014 • Over 413,000 enrolled in healthcare coverage through kynect (about 10% of Kentucky’s population) • Approximately 330,600 Medicaid • Approximately 83,000 enrolled in a QHP (72% received • 52% are under the age of 35. • Three Issuers • 75% Kentucky Health Cooperative (CO-OP) • 12.5% Anthem • 12.5% Humana

  5. Uninsured by County after April 15, 2014 Assumes that 75% of new enrollees were previously uninsured

  6. Potential Reduction in the Percentage of Uninsured in Kentucky by County Assumes 75% of New Enrollees were previously uninsured

  7. Age, Gender & Program

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