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Nevada Wants More Feedback on Health Insurance Rate Hikes

LAS VEGAS (AP) — Health insurance costs for about 240,000 Nevadans who buy individual or small-group plans are expected to rise next year, and state officials want consumers to offer feedback before the proposed rates are locked in in coming weeks.

The Nevada Division of Insurance says the average cost of an individual plan will go up 15 percent in 2017, while the average cost of a small-group plan will rise 4 percent.

The agency recently launched a $49,000 Facebook and web ad campaign. It invites consumers to browse the rates insurers are proposing for the nearly 600 plans available on the marketplace, and comment on whether they’re appropriate.

Regulators consider the input before they approve the proposals in August. The final rates will be revealed in October and take effect in January.

Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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