Group health insurance in Lexington

Randall Jackson, Sr., of Lexington, Kentucky, owns a small car repair shop with only three workers other than himself. They work well and hard, but Jackson is unable to give them the one thing that he believes is necessary for an employer to provide for his employees–health insurance. He has worked side by side with these good men and see them go through struggles with their health and that of their families, but as not been able to offer a helping hand because the price of health insurance is so high that he, in his small business, cannot afford to provide it. Not even for just three employees.

This situation is a big one concerning Lexington health insurance. It is required by law that companies with more than fifty employees provide health insurance plan options to its employees, but that leaves smaller companies with fewer employees high and dry. These companies are able to slide under the law without insurance, even if they can afford it, but for the most part small companies in Lexington are unable to provide health insurance coverage to their employees because it is too much cost in addition to the payroll. These small businesses already have enough trouble keeping ahead with a proft. Adding health insurance coverage would diminish that profit by quite a bit.

The state of Kentucky has come up with a solution, though, and although they are only trying it out at the moment, it will probably do a lot of good to help small companies and their employees with health insurance in the future. Called ICARE, which stands for Insurance Coverage Affordability and Relief to Employers, this jump start program is intended for providing small businesses with enough money to insure their employees. Passed by the state legislature in early 2007, the program will provide small businesses with forty dollars per employee, which will go towards their health insurance coverage. This forty dollar per person sum is given for each month, and if a certain employee is high risk or has a pre existing condition, then they are provided with extra for him or her.

Cheers,

Fashun Guadarrama.