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Federal officials approve dismantling of Kentucky health exchange

The U.S. government has approved the dismantling ofKentucky's health exchange, the Associated Press reported.

Starting Nov. 1, Kentucky residents will have to use thefederal health exchange to find insurance coverage, according to the report.

Kentucky Gov. Matt Bevin had the federal authorities of hisplan to dismantle Kynect, the state's health exchange, and move the state'sresidents to the federal site, healthcare.gov.

Kynect was launched in 2013 under the former Gov. SteveBeshear and was used by Kentucky residents to enroll in Medicaid under theAffordable Care Act and purchase health insurance.