There are a wide variety of reasonably priced health insurance plans available in Nevada, and most can be customized to meet your specific needs. The lowest-priced health insurance plans in your state start at $313 per month, with dental add-ons starting at $40 per month, and vision plans at $10 per month. Coverage and costs vary depending on your age, location, household size, and other factors, but a full-coverage health insurance plan will cost people on average $423 per month, with some residents even being eligible for a free health insurance plan.
Nevada Health Insurance Companies
Nevada has around 10 health insurance companies offering plans. Let’s look at a few of the more popular ones:
Select Health offers both individual and family ACA-approved plans on the Marketplace. Their plans cover all aspects of healthcare, including prescriptions, dental care, and medical services. Preventive care and other necessary benefits are also covered by Select Health plans. If you qualify for a subsidy, your monthly rates will also be lower than with other insurance company’s plans.
Aetna is a highly regarded insurer in Nevada, offering group, individual, family, and government-sponsored policies. If you are eligible, you can receive discounted medical benefits through their Medicaid and Medicare plans.
PacificSource offers ACA-compliant Bronze, Silver, and Gold plans. For those on a tight budget, their Bronze plan, which has the lowest monthly premiums, is ideal. Be aware that, while these plans have low premiums, they have higher deductibles and out-of-pocket expenses, so they are better for people who see their doctor less frequently and are in good health.
Their Silver plan is a mid-tier plan with mid-level premium prices. It has high deductibles, but mid-range out-of-pocket expenses. For those who frequently visit the doctor and need to manage a few medications on a regular basis, it is a good option.
The Gold plans are intended for individuals who frequently visit their doctors and have chronic medical concerns. This plan has expensive monthly premiums, but relatively low deductibles and fewer out-of-pocket expenses.
Health Insurance Marketplace in Nevada
If you’re looking for health insurance in Nevada, a great place to start is the health insurance Marketplace. During the Open Enrollment Period (OEP) you can purchase a Marketplace health insurance, which was created by the Affordable Care Act, offers certain consumer protections, guarantees coverage for pre-existing conditions, and includes coverage for what are known as the “10 essential health benefits”:
- Ambulatory patient services (outpatient care)
- Emergency services
- Pregnancy, maternity, and newborn care (both before and after birth)
- Mental health and substance use disorder services, including behavioral health treatment (including counseling and psychotherapy)
- Prescription drugs
- Rehabilitative and habilitative services and devices
- Laboratory services
- Preventive and wellness services and chronic disease management
- Pediatric services, including oral and vision care (but adult dental and vision coverage aren’t essential health benefits)
The ACA-compliant plans offered on the Marketplace are divided into different types, known as metal tiers: Bronze, Silver, and Gold. These tiers do not signal a difference in quality of care, though. The tiers differ in your out-of-pocket costs versus what your plan covers.
It’s important to remember that the Marketplace only offers the plans of participating providers. So unfortunately, while the Marketplace is a great tool, you may not be able to compare every plan available to you.
Whether you want a Marketplace plan, or a plan from a private insurer, an EZ agent can help. We work with all carriers in your state to compare all options available.
Over half of the uninsured in Nevada who qualify for Marketplace insurance coverage could get a Bronze plan for FREE.
Nevada’s Short Term Health Insurance Guidelines
If you’ve missed the health insurance Open Enrollment Period (OEP) or need health insurance for a short amount of time, short-term plans are a great option. It’s important to note, though, that these policies tend to only cover the basics, and you can be denied one of these plans if you have a pre-existing condition.
There are some rules around short-term plans, both at the federal and the state level. Some states choose to have their own guidelines separate from federal guidelines, or to not offer short-term plans at all. You can get one of these plans in Nevada, but the terms for them differ from federal guidelines. You can purchase a short-term plan with a term of only 185 days, and you aren’t allowed to renew the same plan, but you can purchase a new plan once your original one has expired.
Nevada Health Insurance Options
There are a few options for health insurance available to you in your state, in addition to purchasing insurance directly from an insurance company. You can sign up for your employer’s group insurance plan, if they offer one. Typically, it is cheaper to purchase a plan through your employer than to do it on your own.
Getting government help is another tactic. You are eligible to sign up for a low-cost Medicare plan if you are 65 years of age or older or have a qualifying disability. Medicaid offers affordable or free insurance plans for people with low incomes. But in order to be eligible for these plans, your income must be under a particular threshold.
Your best bet, though, no matter what kind of plan you’re looking for, is to work with an agent. An EZ agent can compare all of your available plan options and ensure that the plan you choose will fit your and your family’s needs.
Get free instant quotes by entering your zip code in the bar below. No hassle. No obligations.
How to Get the Most Savings
Healthcare spending per person in Nevada is lower than in most other states. In terms of per-capita healthcare spending, your state is ranked 49th out of the 50 states. In Nevada, the average cost of medical care is $8,118 per year. Even with the low prices in your state, your health insurance costs can be lowered through a variety of methods.
For example, taking care of your health can make a difference. Health insurance companies assess your risks and take into account your physical state, especially your body mass index (BMI), when determining your premiums. In Nevada, 30.6% of adults are obese, and if you fall in this category, your insurance rates may be higher.
Another red flag for insurance companies is smoking or using other tobacco products. 15.5% of adults in Nevada smoke, and if you’re among them, you could end up spending up to 50% more for health insurance than a nonsmoker. Not only will quitting lower your premiums but since smoking can cause health complications, it will also improve your health.
The simplest way to save on your health insurance, though, is to work with an agent. You can actually save hundreds of dollars a year by working with an EZ agent. How do we do it? We search for all available plans that fit your budget and add any applicable local discounts. And there is no fee for our services!
Nevada Health Insurance FAQS
Does Nevada require you to have health insurance?
The ACA no longer imposes a tax penalty for not having insurance, and there is no state mandate in Nevada requiring residents to have health insurance.
What is the cheapest health insurance in Nevada?
The cheapest health plan will be a Bronze plan, which can start as low as $313 a month. Remember, though, health insurance plan prices can vary depending on age, zip code, gender, and other factors.
How much does health insurance cost in Nevada?
The average monthly premium for health insurance in Nevada is $423, or $5,076 per year, with plans as low as $313 a month to as high as $1,454. But do not let these numbers scare you. More than half of uninsured people in Nevada qualify for a $0 Bronze plan and don’t even know it.
Which insurance companies offer plans in Nevada?
Nevada insurers are Aetna Health, Inc., Friday Health Plans of Nevada, Health Plan of Nevada, HMO Nevada, Hometown Health Plan, Hometown Health Providers Insurance Company, Rocky Mountain Health Plans, SelectHealth, Sierra Health and Life Insurance Company, and SilverSummith Health Plan.
How to Enroll in Health Insurance in Nevada
There are several ways to enroll in a health insurance plan in Nevada. Your three main options for enrolling are: through your employer if they offer a group plan, online through an insurance company’s website, or the health insurance Marketplace. Regardless of your decision, enrolling can be challenging and time-consuming.
But EZ is here to help, no matter how you want to enroll! Any questions you have can be answered, and we can also help you with the enrollment process. Using the information you provide, we’ll evaluate all of your options, taking into account your financial and medical situation, as well as any possible financial aid you may qualify for. Using this information, we will assess every plan available and give you a range of options. We can do this with no additional cost or obligation.
If you still have questions, feel free to give us a call at 877-670-3557. When you call, you will be directly connected to a local insurance agent who can answer all of your questions and help you find the health insurance plan that works best for you.