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

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

Embed Size (px)

Citation preview

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

Update on the Kentucky Health Benefit ExchangeThe Reede Scholars

Health Equity Symposium

May 8, 2014Bill Nold Deputy Executive Director

Page 2: Update on the Kentucky Health Benefit Exchange The Reede Scholars Health Equity Symposium May 8, 2014Bill Nold Deputy Executive Director

Kentucky’s uninsured640,000 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

2

Page 3: Update on the Kentucky Health Benefit Exchange The Reede Scholars Health Equity Symposium May 8, 2014Bill Nold Deputy Executive Director

Percentage of Uninsured by County2012

32012 Small Area Health Insurance Estimate, U.S. Census65 and under Population. 16.2% statewide

Page 4: Update on the Kentucky Health Benefit Exchange The Reede Scholars Health Equity Symposium May 8, 2014Bill Nold Deputy Executive Director

Kentucky’s uninsured640,000 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

4

Page 5: Update on the Kentucky Health Benefit Exchange The Reede Scholars Health Equity Symposium May 8, 2014Bill Nold Deputy Executive Director

Uninsured by County after April 15, 2014

5

Assumes that 75% of new enrollees were previously uninsured

Page 6: Update on the Kentucky Health Benefit Exchange The Reede Scholars Health Equity Symposium May 8, 2014Bill Nold Deputy Executive Director

6

Potential Reduction in the Percentage of Uninsured in Kentucky by County

Assumes 75% of New Enrollees were previously uninsured

Page 7: Update on the Kentucky Health Benefit Exchange The Reede Scholars Health Equity Symposium May 8, 2014Bill Nold Deputy Executive Director

7

Age, Gender & Program

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

8