Nevada exchange overview

In 2013, 20.3% percent of the population was uninsured. By 2015, that number has decreased by 39% to 12.3% thanks to the Affordable Care Act.

Nevada is the only state where off-exchange plans are available year round. However, there is a three month waiting period before new enrollees are fully covered. The Nevada Health Link is a state-run exchange that utilizes Healthcare.gov. The state is working towards having its own enrollment platform by 2019. There plans to be two carriers offering coverage—Silver Summit and Health Plan of Nevada. For 2019, the average rate increase is only .4%.

In 2017, 91,003 people enrolled in 2018 coverage through the open exchange. That was a 2.2% increase over last year’s enrollment. Since 2014, the number of residents enrolling in the open exchange has increased steadily.

Medicare Enrollment

In past years, 86% of Nevada Medicare recipients qualify on age alone which is just slightly more than the national average whereas 14% qualify due to a disability. Medicare spends about $8,763 per enrollee each year and spends overall $3.3 billion annually. Those enrollees who want more out of Medicare can opt for a Medicare Advantage Plan. 34% of enrollees opt for a Medicare Advantage Plan. Additionally, about 60% of Nevada Medicare beneficiaries have stand-alone prescription plan.