Welcome to NovaRest Actuarial Consulting, your best option for actuarial services.

156 W. Calle Guija, Suite 200
Sahuarita, Arizona 85629

520-908-7246
info@novarest.com

NovaRest continues to assist Puerto Rico through its health insurance rate review process with the expansion of the Health Insurance Rate Review Grant Program Cycle I. The Cycle I Grant continues to support Puerto Rico’s efforts to step-up to the next stage of federal health care challenges. Major Cycle I goals include: Continued increased rate

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Delaware is the only state in the region that agreed to work with the federal government in forming a health-care exchange under the Affordable Care Act, according to Newsworks. Both Pennsylvania and New Jersey refused to partner with thefederal government to form health care exchanges. But Delaware has set out to create and run this

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Health and Human Services (HHS) Secretary Kathleen Sebelius announced that Illinois has been conditionally approved to operate a State Partnership Marketplace (Exchange), which will be ready for open enrollment in October 2013. This partnership will allow Illinois to make key decisions and tailor the marketplace to local needs and market conditions. Secretary Sebelius said the

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Although healthcare reform is largely out of his hands, it may still define President Obama’s second term in office. The final pieces of the law are set to go into effect in 2014. That’s when the health coverage will expand to as many as 30 million uninsured Americans. And while the implementation of the law

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Small Businesses Owners Also Affected by the Affordable Care Act No matter which side of the issue you’re on, there’s no denying that small businesses will be impacted by the Affordable Care Act. But another question looming is how the PPACA will impact the owners of those small businesses. The Kasier Family Foundation recently addressed

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Eight states have received new grants to help support the establishment of Affordable Insurance Exchanges. Starting in 2014, health care exchanges in California, Connecticut, Hawaii, Iowa, Maryland, Nevada, New York, and Vermont should be up and running. In every state, Exchanges will allow consumers to shop for and enroll in private health plans that meet

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NovaRest Founder Donna Novak and Wayne Novak recently returned from the National Association of Insurance Commissioners (NAIC) summer meeting that was held in Atlanta, GA. During the conference, they attended the Health Insurance Exchange Forum meeting. “This meeting was extremely informative and packed with discussion groups on the current status of each state’s status of

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Missouri Healthcare Exchange Referendum Uncertain in Face Ballot Language Debate Confused voters may get to decide the future of healthcare exchanges in Missouri. In May, Missouri’s Republican-controlled General Assembly passed a ballot measure for the November elections that would prohibit establishment of state health insurance exchanges, a cornerstone of the Affordable Care Act, without approval

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NAIC Vows to Continue to Support State Regulators in Wake of Supreme Court Decision NovaRest is continuing to work with the Office of the Commissioner (OCI) in Puerto Rico to establish a standardized rate review process. Donna was recently in Puerto Rico to present the standardized template that all carriers in Puerto Rico will soon

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NAIC Vows to Continue to Support State Regulators in Wake of Supreme Court Decision National Association of Insurance Commissioners (NAIC) President and Florida Insurance Commissioner Kevin M. McCarty has issued the following statement in regard to the ruling of the Supreme Court of the United States regarding the Patient Protection and Affordable Care Act: “While

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