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Post by Logan on Feb 17, 2016 2:32:58 GMT -6
Frankfort -- The state’s Kynect health insurance exchange is a financially unsustainable boondoggle that has cost $330 million, Gov. Matt Bevin’s top health officials told lawmakers at the Capitol Tuesday. Additionally, state spending on Medicaid will jump by 20 percent in the next two-year budget, to $3.7 billion, as federal support declines, they said. “The day of reckoning has come, and we’re going to have to pay the bills,” Health and Family Services Secretary Vickie Yates Brown Glisson told the House budget subcommittee for human services. An hour earlier, at a news conference down the hall, several Kentucky farmers described Kynect as a lifeline that provided their families with affordable health insurance. The farmers said they fear what will happen after Bevin dismantles Kynect, shifts the state to the federal health insurance exchange and toughens Medicaid eligibility rules. “Family farmers and other small businesses are the foundation of Kentucky’s economy. But I’m afraid our needs are being drowned out by political clamor and the ideological divide over the Affordable Care Act,” said Oldham County farmer Ben Abell at an event organized by several pro-Kynect health groups. Read more here: www.kentucky.com/news/politics-government/article60713386.html
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