Beshear warns successor against scrapping Ky health exchange

Kentucky Gov. Steve Beshear is warning his Republican successor against dismantling the state’s health insurance exchange, which has added thousands to the insurance rolls in a state plagued by poor health.

Beshear says the state would have to spend about $23 million in taxpayer funds to scrap the exchange, known as Kynect, and transition to a federal exchange. He says insurance providers and the state’s business community support Kynect, which offers health insurance plans in accordance with the Affordable Care Act.

Beshear says Kynect was "the most successful exchange in this nation." Last year, the state’s uninsured rate dropped from just over 14 percent to 8.5 percent.

Gov.-elect Matt Bevin says Kynect users can buy health insurance from the federal government’s exchange. He says Kynect "adds nothing of value."

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