Carson City, NV -
July 07, 2016The Nevada Division of Insurance
is pleased to announce the launch of its “Proposed Rates” digital
campaign encouraging Nevadans to review and comment on the proposed
health insurance rates for 2017.
The campaign launched statewide
and it features online, social media and text ads. The goal of the campaign is
to encourage Nevada’s consumers to visit the Division’s online rate comparison
tool at http://healthrates.doi.nv.gov
where the proposed rates for plans in the individual and small group markets
are accessible.
“This is an opportunity for consumers
to view the rates that are being proposed before they are approved. We
are encouraging consumers to use the tool to provide comments on the proposed
rates. Consumer feedback is invaluable and the Division always welcomes
any instructional commentary from consumers,” said Insurance Commissioner
Barbara Richardson.
Based on the rate submissions the
Division has received for the 2017 plans, there will be 11 insurance companies
with a total of 170 individual health plans available on and off the Exchange.
Of those, four insurance companies with 50 plans are available on the
Exchange. The average proposed rate change for the individual market is
an increase of 14.99%
For the small group market, 14
insurance companies submitted 2017 rate filings representing 396 health plans.
The average proposed rate change for the small group market is an increase of
3.65%
There are two different ways
consumers can view the proposed rate filings. By visiting http://healthrates.doi.nv.gov one can
view initial proposed 2017 premiums for specific plans or a consumer can
visit http://doi.nv.gov/rate-filings
to view the requested overall rate percentage changes insurance companies
have submitted to the Division. After selecting to view a specific plan at http://healthrates.doi.nv.gov,
everyone is encouraged to submit comments on the bottom of the webpage, with
the option of anonymity.
About the Nevada Division of Insurance
The State of Nevada Division of Insurance, a Division of the
Nevada Department of Business and Industry, protects the rights of Nevada
consumers and regulates Nevada’s $11.9 billion insurance industry. The Division
of Insurance has offices in Carson City and Las Vegas. In 2015, the Division
investigated more than 3,200 consumer complaints and recovered nearly $5
million on behalf of consumers. For more information about the Division of
Insurance, visit DOI.NV.GOV or download the Division’s smartphone app NDOI
Connect today in the Apple App Store and Google Play.
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