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Nevada close to starting Insurance Exchange Program

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Updated: 6/29/2012 12:34 pm
LAS VEGAS (KSNV MyNews3) -- Nevada's Insurance Exchange Program, created to help people find insurance coverage, will soon begin.

The program was created under the federal patient protection and affordable care act, which was upheld Thursday by the U.S. Supreme Court. It says states are required to set up insurance exchange programs.

So far, the federal government has authorized $25 million in startup costs, and state officials have applied for an additional $50 million.

Open enrollment will begin October 2013 for coverage to take effect the following January.

It is estimated that 134,000 Nevadans will enroll during the first year.
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