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.
Income eligibility for KCHIP Lexington health insurance
Medicaid is one of the easier types of federal assistance to get, but it still disqualifies many families who are unable to provide health insurance for their children. The number of families without child health insurance in Lexington, Kentucky is particularly high, and that is why the state program, KCHIP, exists to help families who fall through the Medicaid gap receive assistance for their children. The decision of who is and isn’t eligible for KCHIP depends on the age of the children involved and how much their parents make. You don’t have to be below the poverty level to qualify your kids for KCHIP–the cap is 200% of the poverty level.
An example of a family who is 200% of the federal poverty level is a family with two adults and two kids that brings home slightly over forty thousand every year. There are different requirements for the number of people in every family. If you have a family of five people, the cap is $48,260. For six, it is $55, 220. For seven, it is $62,180. If you have more children than that, contact your KCHIP office that is local to find out what the maximum income for your family size is. The income, you should be aware, is based on how much you make every year before taxes are taken out, not what you actually bring home.
The income limits for KCHIP don’t always remain the same, as they have to be adjusted for inflation and changes in wages. If you are unsure of your income, make sure that each April you check and see what the new limits are so that you don’t waste time applying only to find out that your are ineligible.
Cheers,
Fashun Guadarrama.