Kynect enrollment accelerates as Monday deadline nears; call center to be open form 8 to 4:30 Saturday and Sunday

State officials reported Friday that the rate has surpassed 4,000 per day, bringing the total to more than 350,000, or one of every 12 Kentuckians. Four-fifths of the enrollees are in Medicaid, which is open to adults with incomes at or below 138 percent of the federal poverty threshold and to children in households up to double the threshold.

Medicaid, funded mainly by the federal government, is free to beneficiaries. The insurance exchange offers private insurance plans with premium subsidies to people earning up to 400 percent of the poverty threshhold, about $96,000 for a family of four. A preliminary analysis has found that about three-fourths of enrollees report that they did not have insurance before signing up through Kynect.

Thousands of people have been found eligible for a subsidy to purchase a qualified health plan but have yet to select a plan. People who remain uninsured as of Tuesday, April 1, could face a financial penalty of $95 or 1 percent of income, whichever is greater, under the federal health-reform law. The penalty applies to every uninsured member of a household and will increase each year.

“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.”