Tag: Nevada

Health insurance continues to be a confusing matter in the US

S.Vagus
Health Insurance confusion

Health insurance confusion could be avoided in the future Confusion is a common problem in the insurance market, especially where health insurance is concerned. Consumers often express their confusion over the coverage options they have, with many consumers claiming that they do not have enough access to information concerning health insurance policies before they make a purchase. Jay Feinman, a professor of insurance law at Rutgers University, has begun drawing attention to this issue, suggesting that health insurance policies should be made more straightforward for the sake of consumers. Consumers…

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Nevada health insurance exchange fees approved by state board

S.Vagus
Nevada health insurance commissioner State Legislature Building

Nevada health insurance exchange policies will have fee attached Nevada has been working to develop its own health insurance exchange in recent months. Late last year, the state announced that it would be building its own exchange program. Many of the details have yet to be worked out, but state officials have made some headway concerning the Nevada health insurance exchange this week. The Silver State Health Insurance Exchange board, which was formed to help formulate the governance of the state’s exchange program, has approved fees that will be associated…

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Nevada government seeks feedback from public on health insurance benefits

Nordstrom
New York Homeowners Insurance Rules

Consumers have a chance to speak out on health insurance benefits Nevada’s Division of Insurance is looking to acquire public opinion on what should be included in the state’s essential health benefits plan, which is part of the Affordable Care Act. Per federal law, the state must build a health insurance exchange itself or risk having the federal government establish one. This insurance exchange is meant to provide consumers with access to affordable health insurance policies and create competition in the market to drive down insurance premiums overall. The policies…

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Nevada in dire straits

S.Vagus
Nevada Unemployment Sores

Unemployment insurance is in dire straits In Nevada, as the state continues to borrow money from the government to keep its unemployment benefits afloat. The situation is so severe that the benefit fund is not expected to recover until 2018. Reports suggest that the problem shows no sign of abatement as Nevada continues to experience jumps in its unemployment rate since November, 2010. The Employment Security Council raised unemployment tax on business by .77% in 2010, bringing the tax rate to 2% in an effort to offset the deficit. While…

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