The 4th annual open enrollment is scheduled to begin on November 1, 2017 and will last until December 15, 2017. This enrollment period will last for 45 days. The health insurance plan rates are still being reviewed by the Nevada Department of Insurance. However health insurers like Anthem Blue Cross Blue Shield has submitted a 62% rate increase, Health Plan of Nevada submitted a 26% rate increase and Sierra Health and Life submitted a 25% rate increase. Hometown Health looks like they will be very competitive with a 16% rate increase. However the new health insurer Silver Summit has submitted rates with a 0% change. The 0% change is because this is the company's first year on the Nevada health exchange.
Silver Summit has submitted health insurance plans to be HMO health plans for the 2018 health plan year. Silver Summit is also a medicaid managed care provider in Nevada.
Hometown Health has a proposed PPO health insurance plan, however the health insurance plan rate has been submitted to the Nevada Department of Insurance at a premium increase of 15.28%
Overall, Nevadans can expect to see approximately 30% higher health insurance premiums for the 2018 health insurance plan year.
Insurance Group of Nevada Corp .