Beshear, Others Seeking Waiver on Healthcare Law Provision

The law requires large insurance companies to spend at least 85% of premiums on medical care. The commonwealth currently requires 65% of premiums to be spent on care. Governor Steve Beshear’s administration has asked the White House to let Kentucky raise the percentage by 5 points each year until it’s in line with the law. State officials say if the increase isn’t gradual, it could hurt the local insurance market.

Senate Committee Approves Resolution Asking for Convention on Balanced Budget Amendment

A resolution urging Congress to call a constitutional convention to consider a balanced budget amendment has cleared a Kentucky Senate committee.

The Senate State and Local Government committee, at the urging of U.S. Senator Rand Paul, voted 7-3 for the resolution.