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Nevada health insurance rates barely changing from last year

October 3, 2018

LAS VEGAS (AP) — Officials say Nevada residents buying health insurance on and outside the state marketplace will pay nearly the same prices they paid last year.

The Las Vegas Review-Journal reports the state Division of Insurance announced Tuesday that while plans sold outside the state exchange will see average premium increases of 2 percent, on-exchange plans are decreasing in price by 0.4 percent on average.

The division says combined, that’s a 0.3 percent increase.

State Insurance Commissioner Barbara Richardson says the smaller changes are a sign of stability in the health insurance market.

Plan rates went up an average of 31.6 percent last year both on and off the exchange.

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Information from: Las Vegas Review-Journal, http://www.lvrj.com

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