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Nevada health insurance exchange
Silver State Health Insurance Exchange wins federal approval
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By Carla Anderson
healthinsurance.org™ contributor
Nevada’s blueprint for its state-run health insurance exchange received federal approval on Dec. 3, 2012. Gov. Brian Sandoval and the state legislature created the Silver State Health Insurance Exchange in 2011, and the state has since made steady progress to get the exchange up and running.
Nevada’s exchange is overseen by a 10-member board, seven of which are voting members. Five of the voting members were appointed by the governor, and the other two were appointed by the state Senate majority leader. The three nonvoting members lead the state’s departments of Administration, Health & Human Services, and Insurance.
The Silver State exchange will operate as a “free market facilitator,” meaning it will allow all qualified health insurance companies to sell policies on the exchange. Insurers can participate in both the individual and small-business exchanges.
Nevada has received about $75 million in federal grants to establish its exchange.
Going forward, the exchange will be funded by a monthly fee charged to health insurance companies that operate on the exchange. Plans that include dental coverage will pay $5.31 per issued policy, while those without will pay $4.95 in 2014. The monthly fees will increase annually and are estimated to be about $8 per month for medical-only policies in 2017.
Silver State Health Insurance Exchange officials hope to reduce the state’s uninsured rate from the current 22 percent to 8 percent, according to a Kaiser Health News article.
Updated March 22, 2013
More Nevada health insurance exchange links
State Exchange Profile: Nevada
The Henry J. Kaiser Family Foundation overview of Nevada’s progress toward creating a state health insurance exchange.
Affordable Care Act in Your State: Nevada
Nevada Governor’s Office for Consumer Health Assistance
Serves all residents with health-related issues; benefits, denials, insured, uninsured, worker’s compensation, and hospital billing.
(702) 486-3587 / Toll-Free: 1-888-333-1597 (nationwide)
Nevada health insurance guide
Nevada resources
Nevada resourcesHealth insurance information, stats, news, quotes and more.
Voice your concerns to your
Nevada elected officials:
Let your Nevada governor and legislators know how you feel about the state's proposed health insurance exchange.
Nevada Governor Brian Sandoval101 N. Carson Street
Carson City, NV 89701
PHONE: (775) 684-5670
FAX: (775) 684-5683
Contact by e-mail
Contact your Nevada State Assembly Members
Related news: NV health insurance exchange
Fees set for Nevada health insurance exchange
01/11/2013 6:01 AM -- LifeHealthPro — The Silver State Health Insurance Exchange board approved user fees that will fund exchange operations. In 2014, health insurers will pay between $4.95 and $5.31 per month for each policy they issue through the exchange.
Nevada wins approval of state-run health insurance exchange
01/03/2013 6:01 AM -- Associated Press — Nevada is one of four states with a Republican governor to seek and receive approval from HHS to run its own health insurance exchange. Gov. Brian Sandoval opposes the Affordable Care Act, but supported a state-run exchange.
Nevada makes steady progress in establishing health insurance exchange
09/22/2012 8:09 PM -- Las Vegas Review-Journal — Exchange board members recommended three options for the state’s benchmark plan. The state insurance commissioner will make the final selection. The board is striving to minimize regulations on health insurance companies that wish to participate in the exchange, while reserving the right to add rules later if needed.
Nevada signs with Xerox to build health insurance exchange
09/21/2012 8:09 PM -- InformationWeek Healthcare — Nevada awarded a $72 million contract to Xerox to create the technology infrastructure for its exchange.
Nevada lands $50 million grant for health insurance exchange
09/13/2012 6:09 PM -- CarsonNOW.org — The U.S. Department of Health and Human Services (HHS) committed $50 million to the Silver State Health Insurance Exchange. HHS will reimburse the state after it submits claims against the grant. The money will be used for information technology systems, according to the exchange’s executive director.
For foes of health care exchanges, effort has no traction in Nevada
07/11/2012 10:07 PM -- Nevada Appeal – A letter from 12 U.S. senators and 61 members of the House to the nation’s governors, asking them to oppose the creation of health care exchanges under the Affordable Care Act, comes too late to have any effect in Nevada. No members of Nevada’s congressional delegation signed the letter. GOP Gov. Brian Sandoval moved [...]
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