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Nevada updates its health insurance exchange

November 19, 2014November 17, 2014 S.Vagus

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…

Nevada health insurance exchange targeted by lawsuit

September 2, 2014August 31, 2014 S.Vagus

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…

Cancelled policies in Nevada to stay cancelled

December 3, 2013November 30, 2013 Marc

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…

Nevadans caught in health insurance limbo

November 25, 2013November 25, 2013 S.Vagus

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…

Nevada releases estimates for health insurance policies sold through exchange system

September 10, 2013September 7, 2013 Logan B.

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…

Nevada moves to raise awareness concerning health insurance

May 24, 2013May 25, 2013 Logan B.

Health insurance awareness becoming a top priority for states The Affordable Care Act has effectively changed the health care landscape of the U.S. The changes that the law has introduced have been met with controversy and harsh criticisms since the law’s passage in 2010, but the Affordable Care Act has yet to be rebuked in any significant fashion. Per the law, states have been working to build health insurance exchanges that will provide consumers with more options when it comes to the coverage they need. While some states have opted…

Auto insurance fraud on the rise in Nevada

March 5, 2013March 4, 2013 Logan B.

Auto insurance fraud turning Nevada highways into dangerous territory Fraud is nothing new in the world of business, especially when it comes to auto insurance. Auto insurance fraud is on the rise in Nevada, according to the state’s Highway Patrol. Law enforcement officials claim that the number of staged accidents is climbing and that these accidents often revolve around the trucking industry. The prevalence of fraud is causing the cost of auto insurance to spike in some parts of the state, especially in Las Vegas, where staged accidents occur frequently.…