Nebraska Rate Review Grants Award
Cycle I Grant Application Summary
Nebraska Grantee: Nebraska Department of Insurance
Award Date: August 16, 2010
Award Amount: $1,000,000
- Improve the Review Process: Nebraska will determine whether to require additional information in health insurance premium filings in order to improve the current process. Nebraska will retain an outside, certified actuary to conduct an additional, more detailed review of rate filings, and to develop a rate review procedures manual for use by existing staff.
- Increase Transparency and Accessibility: Transparency will be increased by providing information about health insurance rates on the Department of Insurance’s website. Consumers will be informed of when health insurance premium increases take effect. A web-based tool will be developed to enable consumers to evaluate the value of their benefits.
- Develop and Upgrade Technology: Nebraska will upgrade its systems to support consumer outreach and medical trend review and establish a data center to compile and publish fee schedule information.
Last updated: September 21, 2012