Kentucky Governor Beshear opens Obamacare store front in LexingtonPosted by J Craig and Scott Hofstra on November 17, 2014
Kentucky’s Obamacare store opened last week at Fayette Mall in Lexington with attempts to sign up more Kentuckians for policies they may not want, need, or able to afford. Who needs a kiosk when you can have an entire store?
Kynect, the state’s health insurance exchange, opened its first retail store this past Thursday in one of Lexington’s busiest shopping centers.
“I hope we will find thousands and thousands more and I’m confident that we will,” Democratic Gov. Steve Beshear said during the store’s grand opening. “We’ve got some things for free, and that’s pretty good for Black Friday.”
Situated across from Jamba Juice and Hot Topic, the Kynect store attempts to lure in the harder-to-reach crowd in their 20s and 30s, often called the “young invincibles.”
The average cost for every Kentuckian enrolled in Medicaid is $9,634 per year. From September of 2013 to August 2014, Kynect signed up 439,576 new medicaid customers in Kentucky.
This means that the state’s medicaid debt will jump by $4,234,875,184 PER YEAR!
The state of Kentucky owes $10 Billion Dollars in bonded debt and may borrow as much as $2 billion in the next legislative session. Kentucky owes its pension fund another $34.5 Billion Dollars.
We need to know where this additional $4.2 Billion Dollars a year will come from?
Under the Affordable Care Act, the federal government is paying 100 percent of the cost to cover people eligible under the expanded Medicaid rules for three years. But states must pay for a small percentage beginning in 2017 that will grow to 10 percent in 2020 and years after
Beshear said he had no estimate of that future added cost to the state budget. But Republican state legislators have warned that it will be substantial and will crowd out state spending for other programs.
Kentucky tax dollars continue to be wasted by Governor Beshear and the far left liberals in Frankfort, but at least now if you like your Jamba Juice, you can keep your Jamba Juice as you “shop” for health insurance nearby.
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