Major Changes Coming To Nevada

If You Live in These Nevada Counties

Carson City and the counties of Churchill, Douglas, Elko, Esmeralda, Eureka, Humboldt, Lander, Lincoln, Lyon, Mineral, Pershing, Storey and White Pine.

Nevada’s Exchange actively exploring potential solutions and resources for consumers facing limited to no coverage options.

The following is a press release from the Silver State Health Insurance Exchange.

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Nevada Insurance Enrollment logo - Nevada State outline divided into four colors of dark blue, light blue, orange and yellow

Original Release: June 28, 2017

Media Contacts:

Janel Davis – Silver State Health Insurance Exchange
(775)687-9934
j-davis@exchange.nv.gov

Cherryl Kaopua – Faiss Foley Warren
(702) 984-1000
cherryl@ffwpr.com

Marissa Schwartz – Faiss Foley Warren
(925) 595-8363
marissa@ffwpr.com

Carson City, Nevada.

The Silver State Health Insurance Exchange (Exchange) was informed today by the Division of Insurance (DOI) that Nevada’s insurance carriers that participate in the state-based Exchange have decided to only offer coverage to Clark, Washoe, and Nye counties beginning in 2018. Simply put, individuals and families who currently purchase insurance on the Exchange and live in impacted counties will no longer have access to any Qualified Health Plans (QHPs) or their federal subsidies.

Nevada now faces a healthcare crisis in 14 rural counties where residents will have no access to subsidized QHPs through the Exchange based on Plan Year 2018 healthcare plan filings by insurance carriers. The Exchange, Nevada’s state agency that helps individuals obtain budget-appropriate health coverage through the online marketplace, Nevada Health Link, continues to collaborate with the office of Nevada Governor Brian Sandoval, the DOI and Health and Human Services (HHS) to identify solutions for more than 8,000 consumers in Carson City and the counties of Churchill, Douglas, Elko, Esmeralda, Eureka, Humboldt, Lander, Lincoln, Lyon, Mineral, Pershing, Storey and White Pine.

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“I consider this a healthcare crisis for rural Nevada, and it is extremely concerning to me that thousands of Nevadans may lose access to affordable healthcare,” said Heather Korbulic, executive director for the Exchange. “Regardless of the uncertainty surrounding the future of healthcare reform, the Exchange is focused on how to implement a successful Open Enrollment for Plan Year 2018. Given significant disruptions to the individual market in both the long and short term, my staff and I are doing everything within our control and influence to secure resources for consumers in these 14 counties.”

“My administration is working diligently to identify solutions to ensure there is, at the very least, a safety net available to rural Nevada residents who will be left without any options for coverage in the wake of these devastating and unfortunate decisions. The reduced footprint of carriers on the Exchange will leave more than 8,000 Nevadans with no coverage, and that is unacceptable,” said Governor Brian Sandoval. “The expansion of Medicaid and subsidized Qualified Health Plans in Nevada has helped to dramatically reduce uninsured rates for these individuals. Lack of coverage in rural Nevada will set back years of work to reduce the uninsured rate throughout our state. My office has been engaged with the carriers, the Exchange and the DOI and I am hopeful that we will find a solution that will benefit consumers in our state’s bare counties.”

We will keep you updated with this as information comes in.

Health Insurance Requirements For Small Businesses

Health Insurance Requirements For Small Businesses

On the employer’s end, providing health insurance can be costly and complicated. However, it can also be a reliable way to bring in new hires, improve productivity and boost morale and job satisfaction. Small businesses that want to provide this benefit have options that let them do so affordably.

What is Co-Insurance?

What is Co-Insurance?

Co-insurance means two parties will be paying for the bill. “Co” means joint, mutual, two, or more. The health insurance company will usually pay the larger amount (example 70%) and you as the member will usually pay the lesser amount (example 30%). This would be considered co-insurance 70/30. This (co-insurance) usually happens AFTER the deductible is met.

Is Health Insurance Worth The Cost?

Is Health Insurance Worth The Cost?

If you experience a more extensive medical emergency and require hospitalization, hospital bills may quickly become a burden. A three-day stay, for example, could set you back about $60,000 depending on what tests are ordered and what happens during your stay.

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