Tag: nevada division of insurance

Nevada releases estimates for health insurance policies sold through exchange system

Logan B.
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…

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Nevada moves to raise awareness concerning health insurance

Logan B.
Nevada health insurance commissioner State Legislature Building

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…

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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 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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New website allows Nevada consumers to review and respond to health insurance rate increases

The Division of Insurance in Nevada has announced the launch of the new Nevada Health Rate Review website that is available to consumers and small businesses in the state, to allow them to review health insurance rate hikes, as well as leave their own comments. The website was created in order to comply with a part of the Affordable Care Act (ACA) which began September 1, 2011. This federal law demands that the state offer a way for small businesses and consumers to leave their comments regarding rate hikes that…

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