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$6 million contract awarded to market Nevada health insurance exchange

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January 12, 2013

Nevada

By Zac Humphrey

CARSON CITY, Nevada: The Nevada State Board of Examiners approved a $6 million contract for the marketing and branding of the Silver State Health Insurance Exchange. This contract is with KPS 3 Inc., a company from Reno. The terms of the contract run through March 2014. This exchange was created as part of the Affordable Care Act. The contract to set up the internet-based exchange worth $72 million was approved in August 2012. Both contracts will be paid for with federal grant monies.[1]

Gov. Brian Sandoval, who is a member of the board, explained that this exchange must be self-sufficient and would not receive state tax dollars once the federal grants have been utilized. He opposed the implementation of the health care law on the terms that its mandate was unconstitutional.[1]

Members of the Board of Examiners include Sandoval, Nevada Attorney General Catherine Cortez Masto, and Nevada Secretary of State Ross Miller.[2]

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