Nevada health insurance exchange
Nevada Health Link enrollment increases ninefold over first month
By Louise Norris
December 9, 2013
In Nevada, the state-run exchange – Nevada Health Link – made much better enrollment progress in November than in October. On December 6 the exchange reported that 4,834 applicants had completed their private plan selections. That’s nearly ten times the 513 who had completed their plan selections by early November. The exchange’s goal is 118,000 enrollments by the end of March, but enrollment is increasing at a rapid pace as the December 23 deadline for a January 1 effective date draws near. Another strong wave of enrollment is expected in March as open-enrollment draws to a close.
Nevada’s Division of Insurance announced in late November that policies scheduled to end on December 31 could not be extended into 2014, and should instead be replaced with ACA compliant plans.
Four health insurance carriers are offering policies in Nevada’s exchange: Anthem, Health Plan of Nevada, Nevada Health CO-OP and Saint Mary’s Healthfirst. The lowest-cost bronze plan in Nevada’s exchange averages $227/month, which is lower than the national average of $249.
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 moved steadily to get the marketplace 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.
Nevada Health Link operates as a “free market facilitator,” meaning it allows 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 marketplace. Going forward, Nevada Health Link 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.
Nevada Health Link officials hope to reduce the state’s uninsured rate from the current 22 percent to 8 percent, according to a Kaiser Health News article.
More Nevada health insurance exchange links
Silver State Health Exchange
Information about exchange planning and start-up operations
State Exchange Profile: Nevada
The Henry J. Kaiser Family Foundation overview of Nevadaʼs progress toward creating a state health insurance exchange.
Nevada Governorʼs 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)