Study sees rise in average health premium in Nevada

A study by a think tank indicates the average monthly premium for health care insurance in Nevada has increased by more than 45 percent this year.

The Nevada Appeal reports the study by the Washington-based

Urban Institute shows significant cost increases for even the lowest-priced insurance plan in Nevada.

Heather Korbulic, executive director of the Silver State Health Insurance Exchange, says federal subsidies cover the premium increases for most people with limited incomes who get coverage through the exchange.

For the remaining exchange customers, Korbulic says the increases could lure them into plans that aren’t comprehensive and have high deductibles.

Korbulicsaysstateofficialsare working to bring competition to the market, but its volatility is making that process difficult.