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Nevada_Executive_Budget_2013-2015

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SILVER STATE HEALTH INSURANCE EXCHANGE - Increase the number of insured <strong>Nevada</strong>ns by facilitating the purchase and sale of health insurance that<br />

provides quality health care through the creation of a transparent, simplified marketplace of qualified health plans.<br />

Department <strong>Budget</strong> Highlights:<br />

1. Establish and Facilitate Health Insurance Exchange - The Exchange was established<br />

pursuant to SB440 (2011) and the Affordable Care Act. <strong>Nevada</strong> must establish a Health<br />

Insurance Exchange or cede that authority to the U.S. DHHS. The exchange must be<br />

operational by October 1, <strong>2013</strong> to facilitate open enrollment for coverage effective on January<br />

1, 2014.<br />

Department Biennium Total by Funding Source<br />

Funding<br />

70% Federal Fund<br />

28% Other<br />

3% Transfers<br />

Department 2014 <strong>2015</strong><br />

Total $ 23,617,560 19,104,470<br />

Total FTE 13.00 13.00<br />

Department Biennium Total by Core Function<br />

Core Function<br />

100% Health Services<br />

SILVER STATE HEALTH INSURANCE EXCHANGE HEALTH INS EXCHANGE - 1<br />

SILVER STATE HEALTH INSURANCE EXCHANGE

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