From the LVRJ: What could be more frustrating than trying to buy coverage through the Silver State Health Insurance Exchange?
Trying to sell it.
That’s the challenge Nevada’s insurers face these days. Thanks partly to an ongoing series of website glitches, consumers have been slow to buy plans through the exchange, with Gov. Brian Sandoval reporting just 513 enrollments as of Tuesday. But low enrollment could hurt one insurer more than others.
Nevada Health CO-OP, a startup insurer created by the Affordable Care Act to compete on the exchange with big insurers such as UnitedHealth Group and Anthem Blue Cross Blue Shield, is watching enrollment carefully. With five months left for consumers to sign up, it’s too early to panic. But CO-OP executives admit they have an uphill climb because of marketing restrictions and administrative barriers that other insurers don’t face.
Why does the CO-OP’s underdog position matter to you? If it fails, all taxpayers will be on the hook for nearly $66 million in federal loans used for its startup.
More importantly, the CO-OP’s demise would reduce competition among insurers, and it would shutter Southern Nevada’s only local nonprofit carrier. http://www.reviewjournal.com/news/taxpayers-would-pay-bill-if-obamacare-insurance-co-op-fails
Nevada has supposedly one of highest rates of uninsured people and we only get 531 people to sign up on the Nevada Exchange? That's beyond pathetic, it's horrendous.
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