By Sean Whaley | Nevada News Bureau
CARSON CITY — The Nevada Board of Examiners, including Gov. Brian Sandoval, on Tuesday approved a contract worth up to $72 million through 2016 to set up the information technology system to implement the Silver State Health Insurance Exchange.
The contract with Xerox State Healthcare will allow the state to move forward with the exchange, basically a one-stop shop for purchasing health insurance. The exchanges were authorized by the Patient Protection and Affordable Care Act.
Sandoval said he is supporting the development of a Nevada-based exchange, so it can be tailored to fit the needs of Nevada residents. The alternative would be to have the federal government operate an exchange in the state. The state would still be obligated to pay for its operation beginning in 2015.
Because the federal government is paying for more than 99 percent of the cost of implementing and operating the exchange through Dec. 31, 2014, Sandoval said the state’s decision to move forward with the program was prudent.