2015 Health Insurance Plans and Rates Approved and Available Online

Carson City, NV - October 30, 2014

Nevadans 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.


The 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.


“Overall, 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.”


The 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 percent.


In the small group market, the number of plans available in 2015 has increased by 44 percent.


“The 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 in Nevada.”


Another 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

The 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.