FRANKFORT, Kentucky, Aug. 5 -- The Kentucky Cabinet for Health and Family Services issued the following news release:

In line with its commitment to support improved health outcomes for Kentuckians, the Cabinet for Health and Family Services (CHFS) has launched a new Medicaid program.

The Kentucky Integrated Health Insurance Premium Payment (KI-HIPP) program helps eligible Medicaid members cover the cost of an employer-sponsored health insurance plan.

Kentuckians qualify for KI-HIPP if they or a member of their household are eligible for Medicaid and have access to comprehensive and cost-effective health insurance through their job. When a member enrolls, KI-HIPP pays them for their share of the cost of the insurance premium.

"KI-HIPP is a wonderful way to extend the resources in the Medicaid budget by utilizing employer based insurance dollars while protecting the Medicaid member from any additional costs," said Carol Steckel, Commissioner of the Department for Medicaid Services (DMS).

"It also allows the Medicaid member the opportunity to move into the employer market and take greater control over their own health care decisions as they become more selfsufficient," she added.

In a time when Medicaid is putting increasing pressure on the Commonwealth's budget, KI-HIPP is a win-win for Kentucky.

In addition to saving taxpayer dollars, KI-HIPP provides Medicaid members with access to an expanded network of healthcare providers and more affordable individual and family care without the loss of Medicaid benefits.

As an added benefit, the program may allow an entire family to be on the same plan and access the same doctors.

Medicaid members who may be eligible for KI-HIPP will receive notices, beginning on August 5. Those who are interested in signing up for the program can apply online via benefind.ky.gov or call (855) 459-6328.

For more information about KI-HIPP, as well as resources for members and community partners, visit http://bit.ly/kihipp.

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The Cabinet for Health and Family Services is home to most of the state's human services and healthcare programs, including the Department for Medicaid Services, the Department for Community Based Services the Department for Public Health, the Department for Aging and Independent Living and the Department for Behavioral Health, Developmental and Intellectual Disabilities. CHFS is one of the largest agencies in state government, with nearly 8,000 full- and part-time employees located across the Commonwealth focused on improving the lives and health of Kentuckians.

OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has commented that the Short Term Issuer Credit Ratings of AMB-1+ (Strongest) of Pacific Life Insurance Company’s recently amended commercial paper program remain unchanged following the announcement of an increase in its size to $2.25 billion from the previous $1 billion level, which took effect Sept. 30, 2026.

AM Best recognizes that the amended program will provide benefit to the company’s liquidity profile by matching the size of its commercial paper program to its enterprise revolving credit facility backstop and also increase the financial flexibility through diversification of funding sources, while leverage and coverage calculations remain within levels supportive of the Credit Ratings.

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