Marketplace Coverage in Kentucky Offers Affordable Coverage; More Progress Needed

“Kentucky’s health insurance marketplace has been effective at providing affordable coverage options on a consistent basis” according to an analysis at KyPolicy, Kentucky Center for Economic Policy. Premium amounts have stayed relatively stable over the last ten years, individual marketplace signups have remained stable, and the recent improved federal subsidies have further lowered coverage costs. However, this analysis argues it remains very expensive to use the coverage, with the out-of-pocket costs contributing to making using health coverage unaffordable.