Nebraska Affordable Insurance Exchange Grants Awards List
Nebraska has received two grant awards to build its Affordable Insurance Exchange. This includes a Planning Grant and a Level One Establishment Grant.
Summaries of Nebraska’s applications for each grant are provided below:
Establishment Grant Level One Application Summary
Administrator: Nebraska Department of Insurance
Award Amount: $5,481,838
Award Date: November 29, 2011
Application Due Date: September 30, 2011
Level of Funding: Level One
Summary: The Nebraska Department of Insurance will use Level One funding to further its planning, research and design of an Exchange for the state. With its Exchange Planning grant, Nebraska has conducted a detailed market impact assessment, developed several financial and economic models studying Exchange sustainability, and has performed an IT system interface gap analysis between Medicaid and the Exchange. Using Level One funds, Nebraska will focus on several additional identified issues, including: further analysis of the effect of an Exchange on Nebraska’s insurance markets; creating a risk adjustment/reinsurance plan; performing additional studies on program integration and integrity; designing a comprehensive outreach and education plan; producing a thorough plan regarding Exchange design and financial management; further research regarding a SHOP exchange; and, writing an RFP for a comprehensive IT development plan.
State Planning Grant
Awarded September 30, 2010
Administrator: Nebraska Department of Insurance
Amount Awarded: $1,000,000
- Develop a list of the stakeholders within the State who will provide input regarding the State’s decision about whether to operate the Exchange, on what basis to operate an Exchange, and planning and implementation of the Exchange.
- Develop a description of how an Exchange would build on and integrate with existing State and Federal programs such as Medicaid and the Children’s Health Insurance Program.
- Assess potential current and future staff levels, contracting capabilities and needs, and information technology for operation of an Exchange.
- Conduct an initial assessment of information technology systems and the need for modifications or new systems to facilitate eligibility and enrollment and other Exchange functions.