Carson City, NV -
July 31, 2014Insurance
Commissioner Scott J. Kipper announces that the Nevada Division of Insurance
has received and made available online the proposed health insurance rates for
plan year 2015 for the individual and small group markets in Nevada. These
proposed rates are for plans sold both on and off Nevada’s health insurance
exchange.
Nevadans who
wish to view proposed health insurance rates for plan year 2015 can visit doi.nv.gov. The Division has made proposed rate
information available in two different formats.
At healthrates.doi.nv.gov consumers can search by their age,
county, preferred metal tier, and whether or not they want to see plans offered
on or off the exchange and view the proposed non-smoker rates for specific
plans.
At doi.nv.gov/Rate-Filings consumers can view the requested
overall rate changes carriers have submitted to the Division in the individual
and small group markets in 2015.
Both sections
of the website allow users to comment on the proposed rates. The Division takes
these comments into consideration when reviewing proposed rates.
“Upon
receiving these proposed rate filings, the Division will review each product to
ensure that their forms, rates, provider networks and benefits are in
compliance with state and federal regulations,” said Commissioner Kipper. “We
encourage Nevadans to review the proposed rates and submit any comments they
have to the Division. This feedback is an invaluable part of the rate review
process.”
The submitted
filings represent five carriers and 92 health plans that will be sold in
Nevada’s individual market on the Exchange, and 16 carriers and 242 health
plans that will be sold in Nevada’s individual market off the Exchange.
For the small
group market on the Exchange, submitted filings represent one carrier, and 26
health plans. For the small group market off the Exchange, submitted filings
represent 19 carriers and 663 plans to be sold.
There will be
plans offered in all regions of Nevada for both the individual and small group
market on and off the Exchange.
The
approved rates for both the individual and small group markets will be made
available to the public on the Division’s website doi.nv.gov/Health-Rate-Review/ on October 16 for plans that are
effective January 1, 2015.
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.
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