Contact: Jake Sunderland, Public Information Officer
Phone: (775) 687-0772
FOR IMMEDIATE RELEASE – 07/31/14
CARSON CITY – Insurance 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.