Carson City, NV - October 30, 2014
who purchase health insurance on their own or through a small business can now
see how much it will cost in 2015 at doi.nv.gov.
Nevada Division of Insurance has posted all approved Plan Year 2015 health
insurance rates, plan documents, formularies and provider networks, for the
Individual and Small Group markets online at doi.nv.gov. This is the first
chance Nevadans will have to view the cost of health insurance for 2015.
in 2015 the health insurance market is looking very competitive and stable,”
said Insurance Commissioner Scott J. Kipper. “Existing plans on the individual
market are experiencing a four to eight percent increase, which is lower than
the increase in health care costs. In the small group market, rates are
remaining relatively flat.”
number of plans available in Nevada has also increased. In the individual
market, the number of plans on the exchange has increased by 34 percent, while
the number of plans in the entire individual market has increased by 56
the small group market, the number of plans available in 2015 has increased by
significant increase in competition is great news for Nevadans,” said
Commissioner Kipper. “It is in everyone’s best interest to shop around and make
insurance companies compete for their business. The number of new plans in
Nevada has played large role in keeping the average premium from increasing greatly
notable factor for 2015 is the second lowest silver premium of each rating area
on the Exchange. This is used to set the baseline for premium assistance
received. In Clark and Washoe County the second lowest silver premium remained
relatively flat. However, in Carson City and most rural counties the second
lowest silver premium on the exchange decreased approximately 4 to 8 percent.
To see rate and plan information visit doi.nv.gov, click
on “Health Insurance Rates” in the main navigation menu, from the “Health Insurance
Rate Review” page click on “Search for Health Insurance Rates.”
Rates are displayed by age and county and are for non-smokers. Search
results are displayed and then sortable by plan name, carrier name, metal tier,
whether it’s on or off the Exchange and price.
Clicking on a plan name will take the user to the plan’s details,
which includes rates, schedule of benefits, evidence of coverage and links to
the plan’s provider network and drug formulary.
About the Nevada
Division of Insurance
State of Nevada Division of Insurance is a division of the Nevada Department of
Business and Industry. It is the state agency that protects the rights of
Nevada consumers and regulates Nevada’s $11.5 billion insurance industry. It
has offices in Carson City and Las Vegas. In 2013, the
Division investigated more than 2,300 consumer complaints and recovered nearly
$4.4 million on behalf of consumers. For more information about the Division of
Insurance, visit DOI.NV.GOV.