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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