More than 18,000 Northern Kentuckians Among 350,000 kynect Enrollees
More than 350,000 Kentuckians are now enrolled in new healthcare coverage through kynect, the state's health care exchange created through the federal Patient Protection & Affordable Care Act (Obamacare), as the end of open enrollment approaches on Monday.
The pace of Kentuckians signing up for coverage before the March 31, 2014 deadline is skyrocketing, according to a news release from the governor's office.
In the past week, more than 4,000 Kentuckians a day have signed up for quality, affordable health insurance through kynect. Nearly one-fourth of all enrollees have signed up in the last month.
About 1 out of every 12 Kentuckians, or 8 percent of the state’s population, now has health insurance through kynect.
“In these final days of open enrollment, we strongly encourage folks to complete their applications and choose a plan,” said Carrie Banahan, executive director of kynect. “After March 31, the subsidies to help cover the cost of a private health plan won’t be available again until the fall enrollment period – and by that point, being without insurance may cost you on your taxes, not to mention keep you at risk for big bills from sickness or injury.”
Thousands in Northern Kentucky have also signed up.
Figures released from the state indicate that as of March 31, 5,026 people signed up in Boone County, 4,600 in Campbell County, and 8,219 in Kenton County.
More than 6,700 of Kenton County's newly insured are covered through Medicaid while 988 enrolled in private plans with a tax subsidy and 495 purchased private insurance without a subsidy.
In Campbell County, 3,758 newly insured people are covered by Medicaid while 553 purchased private insurance with a subsidy and 289 bought private insurance without a subsidy.
Of Boone County's 5,026 kynect enrollees, 3,845 are enrolled in Medicaid and 811 are now insured by private plans with a subsidy while 370 purchased private plans without a subsidy.
The kynect call center has extended its hours and will be open till 4 p.m. on Sunday at 1-855-4kynect (1-855-459-6328) and will open again on Monday, the final day of open enrollment. Individuals can sign up online 24 hours a day at kynect.ky.gov.
If an individual has started or filed an application by March 31 and has not been able to complete it through no fault of their own, kynect will work with them to make sure they get enrolled. Individuals who have applied by March 31, but have not yet chosen a plan will have until April 15 to do so, with coverage beginning May 1.
A preliminary analysis has found that approximately 75 percent of all enrollees report that they did not have insurance before signing up for healthcare coverage through kynect. With approximately 640,000 uninsured Kentuckians prior to the start of open enrollment on Oct. 1, kynect is helping significantly reduce that number and ensure access to quality, affordable care each day.
Individuals who remain uninsured as of April 1, 2014 could face a financial penalty of $95 or 1 percent of income, whichever is greater. That penalty applies to every uninsured member of a household and increases significantly from year to year.
Nearly half of all kynect enrollees (49 percent) are under the age of 35.
The below statistics reflect activity on kynect as of 12 p.m. Friday, March 28:
- 350,386 Kentuckians are enrolled in new health coverage
- 280,113 have qualified for Medicaid coverage – up 8 percent over last week
- 70,273 have purchased private insurance – up 8 percent over last week
- 49 percent of all kynect enrollees are under the age of 35
- 33 percent of all private health plan enrollees are under age 35
- 1.3 million unique visitors viewing 51 million web pages
- 817,626 individuals have conducted preliminary screenings
- 80,536 have been found eligible for a subsidy to purchase a qualified health plan, some have yet to select a plan
- 729,076 calls have been handled by the kynect contact center
- Silver is by far the most popular metal level of private health insurance, with more than 41 percent of plans purchased. Platinum is next with 28 percent, followed by gold at 17 percent and bronze at 11 percent. Catastrophic plans make up less than 2 percent of plans purchased.