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Health Exchange Facing Fee Hikes

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Nevada Health Insurance Exchange website (photo: Tate South/KXNT/CBS)

Nevada Health Insurance Exchange website (photo: Tate South/KXNT/CBS)

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CARSON CITY, Nev. (AP) — The financial viability of Nevada’s health insurance exchange comes under scrutiny as the board overseeing operations considers potential fees to cover next year’s operating costs.

There are a lot of elements for the board to consider Thursday. Enrollment, marketing, billing options and continuing enrollment assistants each has a price tag.

Depending on how the board decides to proceed, monthly fees could skyrocket. First-year operations were paid with federal grants. But beginning in 2015, state exchanges must be self-reliant, and Gov. Brian Sandoval has said he will not use general fund sources to support it.

This year consumers who purchased medical plans are paying $4.95 per month.

One big unknown is projected enrollments, which have fallen woefully short. More people signing up means a lesser monthly fee in 2015.

 

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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