ICYMI: ‘Nevada Health Link Saves Thousands Of Nevadans Money Through 2021 Special Enrollment Periods’

CARSON CITY, Nev. – As some Nevada lawmakers push for the creation of an unaffordable, unnecessary new state government-controlled health insurance system known as the state government option, thousands of Nevadans are already enjoying cost savings and enrolling in health plans thanks to enhanced federal resources.

Nevada Business reports:
 

  • “Nevada Health Link, the online health insurance marketplace operated by the state agency, the Silver State Health Insurance Exchange (Exchange), has enrolled more than 7,600 Nevadans since the implementation of two Special Enrollment Periods in 2021, including more than 4,500 enrollees since April 20, attributed to the American Rescue Plan Act (ARPA or American Rescue Plan).”
  • “The American Rescue Plan, which was signed into law on March 11, provides Nevadans with a Special Enrollment Period where insured and uninsured Nevadans can take advantage of new, drastically reduced insurance premiums from now until August 15.”
  • “More Nevadans Qualify for Savings: New insurance premium savings apply to Nevadans making more than 400% of the federal poverty level. So even if you think you don’t qualify for financial assistance (subsidies or tax credits), you may actually have significant savings waiting to be claimed.”
  • “Premiums for the Unemployed Start at $0: The American Rescue Plan provides subsidies for Nevadans who have recently received unemployment insurance. Those premiums can be as low as $0.”
  • “Insured Nevadans Can Save: If you already have insurance purchased through Nevada Health Link, or through another provider, you can still save. Nevada’s special enrollment period allows you to update your enrollment, enroll in coverage and claim those savings through August 15, 2021.”
  • “For Uninsured Nevadans, Coverage Has Never Been Cheaper: If you are uninsured because health insurance has always been out of your reach, now is the time to check back with Nevada Health Link. The cost of health insurance has dropped dramatically and you might be surprised at how inexpensive quality insurance plans have become.”

A new study by KNG Health Consulting estimates the effects of select ACA enhancements, including provisions similar to those in ARPA. It finds that roughly 8.1 million (30 percent) and 9.6 million (34 percent) fewer people nationwide will be uninsured after the ACA enhancements in 2023 and 2032, respectively.

A recent analysis by the Brookings Institution also highlights the significant resources now available for Americans to obtain affordable health coverage under ARPA and concludes that elected leaders in Carson City should take “caution against making lasting changes” to the state’s health care policies “until matters are clearer.”

  • To read the full story at Nevada Business, CLICK HERE.
     
  • To learn more about Nevada’s Health Care Future, CLICK HERE.