How to apply for health insurance in ky

The state of Kentucky doesn’t require residents to have health insurance coverage, but the Affordable Care Act does mandate health insurance coverage on the federal level. While you won’t suffer any tax penalties for not having coverage, not being insured will disqualify you for the Advanced Premium Tax Credit.

While the federal Health Insurance Marketplace is a good place to enroll in a health insurance plan if you want to qualify for a tax credit, it’s not the only place you can enroll in coverage. If you’re not interested in the Advanced Premium Tax Credit or you don’t qualify for it, you’re free to sign up for any affordable health insurance plan offered by insurers in the state.

The most popular form of cost-sharing plans are faith-based plans. In a faith-based plan, members share health care costs with other members. You don’t need to be a member of a particular denomination (or even religious), to participate in a plan. While these plans can be relatively low-cost, most faith-based plans don’t conform to ACA standards and don’t cover pre-existing conditions, mental health care, or pregnancy.

A health savings account or flexible savings account is designed to help you prepare for large or unexpected expenses due to an illness or disease that requires costly treatment. HSA/FSA accounts work best when paired with health coverage and aren’t replacements for insurance.

Health insurance is meant to cover your medical care costs, while a short-term disability policy is designed to cover household expenses if you’re unable to work temporarily. On its own, a short-term disability policy won’t be sufficient to cover your health care expenses if you’re injured or get sick, but it can be a good supplement to a health insurance plan.

Long-term disability coverage works in the same way as short-term disability plans. If you’re injured and suffer a permanent disability that keeps you out of work, long-term disability plans will pay your day-to-day expenses while your health insurance will cover the cost of medical care.

Children enrolled in the KCHIP program receive coverage for preventive care, eye care, dental procedures, mental health services, physical therapy, immunizations, hospital stays, prescription drugs, and counseling or treatment for learning disabilities.