CARSON CITY, Nev. (AP) — The board overseeing Nevada's health insurance exchange approved fees Thursday designed to make the program self-sustaining by 2015 when federal support expires.
"Obviously, the fees will be passed on to the consumer," Jon Hager, executive director of Silver State Exchange, told board members. He added, "If we didn't do this we would have to get money from somewhere else."
Gov. Brian Sandoval proposed and state lawmakers in 2011 approved the exchange, which is called for under the federal Affordable Care Act. But Sandoval has said he will not use general fund money for its support and that it must be self-sufficient to continue.
States were given the option to develop their own exchanges or sign on to one run by the federal government. The goal is to help individuals and small businesses find health coverage by making it easier for them to compare policies and prices.
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