Nevada updates its health insurance exchange

Nevada health insurance commissioner State Legislature Building

Nevada Health Link has received an overhaul in an effort to make it perform better than it did last year Nevada is prepared to launch its newly revised health insurance exchange. Officials with Nevada Health Link, the state’s exchange, believe that the exchange’s new website will be able to handle the demand and traffic coming from consumers. Last year, the exchange struggled to provide people with access to health insurance policies and was harshly criticized by many as a failure. This year, state officials are expressing optimism concerning the revisions…

Read More

Nevada health insurance exchange targeted by lawsuit

alternative painkiller insurance medication health care cost

Six insurance brokers file a lawsuit against the state’s exchange Nevada’s health insurance exchange has become the subject of yet another lawsuit. Six insurance brokers working in the state have filed a lawsuit against the exchange in the Clark County District Court. The lawsuit claims that the Silver State Health Insurance Exchange and Xerox, which developed the exchange’s website, have failed to pay commissions to brokers. This has been a longstanding issue that has received relatively little attention over the past few months. Brokers are collectively owed more than $200,000…

Read More

Health insurance enrollment in Nevada continues onward

Nevada health insurance commissioner State Legislature Building

March 31, 2014 may have marked the end of the open enrollment period but people are still signing up. The Nevada Health Link may have ended its open enrollment for health insurance on the exchange as of the close of March, this year, but this hasn’t stopped residents of the state from signing up in order to take advantage of another opportunity. A sixty day special enrollment session started at the beginning of this month and enrollments are still coming. The Silver State Health Insurance Exchange board, which is responsible…

Read More

Nevada health insurance co-op proves successful

Nevada health insurance commissioner State Legislature Building

Co-op manages to find success where similar initiatives have failed As the open enrollment period for health insurance exchanges ends, there has been an unexpected victory in Nevada. The Nevada Health Co-Op was one of 24 consumer oriented and operated insurance carriers to be launched by the Affordable Care Act. These co-ops are designed to be non-profit organizations that provide consumers with public insurance options. The insurer has only been operating since the fall of 2013, but has managed to account for over a third of the state’s insurance enrollments…

Read More

Cancelled policies in Nevada to stay cancelled

Nevada health insurance commissioner State Legislature Building

Health insurance policies in Nevada remain cancelled The Nevada Division of Insurance has announced that all health insurance policies that were cancelled due to the Affordable Care Act’s provisions cannot be renewed in the state. This decision came after consulting with the attorney general’s office and meeting with several executives from insurance companies operating in Nevada. The logistics involved with reversing cancellations, especially after notices had already been sent to policyholder, have been deemed too extreme to be viable. 25,000 consumers forced to find new policies Some 25,000 Nevadans have…

Read More

Nevadans caught in health insurance limbo

Nevada health insurance commissioner State Legislature Building

Some 25,000 in Nevada receive health insurance cancellation notices Many consumers in Nevada are currently in a state of limbo concerning their health insurance coverage. Approximately 25,000 people throughout the state have received cancellation notices from their insurance providers, but whether or not these cancellations will actually occur is still up for debate. Policyholders are currently waiting on state officials to determine if these cancellations will bear any weight and whether health insurance plans that do not comply with federal standards should be allowed to remain active. Regulatory shift could…

Read More

Nevada releases estimates for health insurance policies sold through exchange system

Nevada health insurance commissioner State Legislature Building

Division of Insurance releases estimates concerning health insurance rates The Nevada Division of Insurance has released estimates concerning the policy premiums for plans sold through the state’s health insurance exchange, called the Silver State Health Insurance Exchange. The state agency notes that the exchange will begin open enrollment next month and believes that issuing rate estimates will help consumers better understand the financial aspects of policies sold through the exchange and prepare themselves accordingly. Policies sold through the exchange will become active on January 1, 2014. Estimates account for individual…

Read More