The Division of Insurance has posted the approved 2019 health insurance rates for all plans in the Individual Health Insurance Market. Open enrollment begins November 1.
For 2019 there are a total of 7 insurance companies offering plans on and off the Exchange in the individual market in Nevada. The approved average rate change in the individual market, both on and off Exchange, is 0.3%.
On Exchange, there are two insurance companies offering plans: Health Plan of Nevada and SilverSummit Health Plan. The average rate change on the Exchange is a 0.4% decrease.
Off the Exchange, there are four insurance companies offering plans, these include: Health Plan of Nevada, Sierra Health & Life, Hometown Health Plan (HMO company), and Hometown Health Providers (PPO company). The average approved rate increase for the off-Exchange is 2.0%.
To view the rates and plan information, visit www.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. The search results are displayed and then sortable by plan name, carrier name, metal tier, and whether the product is offered on or off the Exchange.
(Nevada Division of Insurance contributed to this report.)
