Nevada car insurance premiums will rise for 1 in 3 drivers

Nevada Car Insurance - Premiums to rise

About 600,000 motorists across the state will be watching their rates rise in the near future. Around one in every three state residents will be affected by the Nevada car insurance rate hikes coming soon. About 600,000 drivers will see a considerable 9 percent spike to their auto policy premiums this summer. The state will be raising the minimum amount of bodily injury and property damage coverage. As a result, Nevada car insurance rates will also be rising in order to reflect the higher coverage. This will become effective as…

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Nevada’s new health insurance enrollment system to stop next year

las vegas nevada health insurance enrollment system

The state’s technical problems with the system have forced it to need to shut down in 2019. The original Nevada health insurance enrollment system put into place by the end of 2014 had serious glitches. Those glitches caused many people to suffer unnecessary additional health care expenses. The problem with the original health plan enrollment service was in its record keeping. Thousands of people across Nevada complained that their policies were not kept up to date through the health plan enrollment service. Their coverage was cancelled for non-payment, despite the…

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Nevada residents are slow to embrace state’s health insurance exchange

Nevada health Insurance

HHS data shows that enrollment in insurance exchange is sluggish this year Those living in Nevada have been slow to sign up for coverage through the state’s health insurance exchange. A new report from the Department of Health and Human Services has found that relatively few people have purchased coverage through the state’s exchange, called Nevada Health Link. Enrollment numbers were quite low during the first month of the open enrollment period, which began on November 1. Overall, enrollment throughout the country has been sluggish. Approximately 23,000 consumers have enrolled…

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Nevada Division of Insurance announces health insurance rate increases

Nevada health Insurance

State agency provides information concerning growing insurance premiums The Nevada Division of Insurance has announced rate increases that will affect health insurance policies in 2016. The state’s acting Insurance Commissioner Amy Parks notes that consumers benefit from an aggressively competitive market, where 18 different carriers provide coverage every year. The competition in the market has allowed insurance premiums to remain relatively stable, reducing the financial pressure on both consumers and businesses alike. Rates for policies sold through the exchange will grow by an average of 8.7% According to the Division…

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Nevada insurance commissioner resigns, effective July 2

Nevada health insurance commissioner State Legislature Building

The state’s chief regulator, Scott Kipper did not give any reason for his choice to step down from his position. At the end of last week, the Nevada insurance commissioner, Scott Kipper announced that he has resigned and that this will become effective in less than a month, as of July 2. He made the announcement quite recently at the same time that he praised his division’s achievements. He expressed that “It has been an honor to have served the state of Nevada as commissioner.” As he resigned as Nevada…

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Nevada health insurance exchange is being targeted by some lawmakers

Nevada health insurance commissioner State Legislature Building

Legislators seek to cede control of the health insurance exchange to the federal government Lawmakers in Nevada want to eliminate the state’s health insurance exchange. Nevada Health Link, as it is called, is being accused of wasting money and disappointing consumers that have sought to obtain insurance coverage. New legislation has been introduced to cede control of the exchange to the federal government, which would then be responsible for funding and managing the exchange. Governor Brian Sandoval believes that the state should continue operating its own exchange, however. Governor plans…

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More than 40,000 people sign up for health insurance coverage through Nevada exchange

Nevada health insurance commissioner State Legislature Building

State insurance exchange is performing well this year Thousands of consumers in Nevada have purchased health insurance coverage through the state’s exchange during the latest open enrollment period. According to information released by the state’s exchange, some 40,285 have enrolled in the exchange before December 15. These people will have their new insurance policies go active on January 1, 2015, and will also receive any tax credits they may be eligible for at the same time. Technical issues of the past have been resolved, making it easier for consumers to…

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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…

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Insurance exchange in Nevada open for buying health plans

health insurance exchange

Residents of the state don’t need to wait to purchase coverage for next year, as is the case in other parts of the country. Consumers across the United States are typically unable to purchase plans through their state or the federal insurance exchange until November 15,unless they have undergone certain qualifying life events since the start of the year, such as moving into a different state, the addition of a child to the family, or a marriage. However, individuals who live in Nevada are already able to access their insurance…

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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…

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