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NV: Board against using tax money to help fund exchange

By   /   August 17, 2012  /   Comments Off

By Sean Whaley | Nevada News Bureau

CARSON CITY — A board overseeing the creation of Nevada‘s health exchange opted Thursday not to seek tax money to subsidize the monthly fees charged to program participants.

The Finance and Sustainability Advisory Subcommittee of the Silver State Health Insurance Exchange Board had proposed using a general fund appropriation from the state Insurance Premium Tax.

Relying on general fund support would have dropped the monthly user fee from $4.40 in 2014 to about $2.78 for each participant.

But the board rejected the recommendation.

Read the complete story at the Nevada News Bureau.

 

 

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