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
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…
Read MoreNevada updates its health insurance exchange
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…
Read MoreCancelled policies in Nevada to stay cancelled
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…
Read MoreNevada releases estimates for health insurance policies sold through exchange system
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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