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Zane Benefits Publishes New Information on Nevada’s Health Insurance Exchange
Date:4/5/2013

According to the Exchange website, the vision is to create "access to health insurance for all Nevadans." Currently, there are 588,000 (25%) people under the age of 65 in Nevada without health insurance.

Nevada Health Insurance Exchange - How Was it Formed?

According to Zane Benefits’ website, on June 16, 2011, Nevada’s Governor Brian Sandoval signed SB 440 into law establishing the Silver State Health Insurance Exchange. Legislation defines Nevada’s Exchange as a quasi-governmental organization.

On January 3, 2013, Nevada received conditional approval from the U.S. Department of Health and Human Services (HHS) to establish a state-based exchange. Final approval is contingent upon the state demonstrating its ability to perform all required Exchange activities on time, complying with future guidance and regulations, and demonstrating its capacity to administer Exchange plan management functions. It is expected that Nevada will receive final approval from HHS.

Nevada Health Insurance Exchange - How Will the Exchange Work with Producers?

According to Zane Benefits’ website, on March 1, 2013, the Silver State Health Insurance Exchange released a statement "Navigators, Enrollment Assisters, Certified Application Counselors and Producers." According to this statement, Producers who enroll individuals and employers in QHPs through the Exchange will act in much the same manner as Producers who sell insurance products in the pre-Exchange market.

Producers will be required to register with the Exchange, receive training in the range of QHP options and insurance affordability programs, and comply with the Exchange’s privacy and security standards.

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