Nevada Health Link Gets New Director
We have a new Director overseeing the Nevada Health Link website. His name is Bruce Gilbert. We wish Mr. Gilbert all the luck and success in the world, and have high hopes for him fixing many of the problems that Nevada’s residents have experienced during the 1st enrollment season.
Nevada Health Link Gets 5 Insurance Companies
There will now be five insurance companies selling their health insurance plans on the Nevada Health Link website for this next upcoming open enrollment.
These are “On Exchange” Plans.
The five insurance companies are:
♦ Anthem Blue Cross and Blue Shield
♦ HPN (Health Plan of Nevada)
♦ St. Mary’s (recently changed to “Prominence”)
♦ Nevada Health CO-OP (a not-for-profit health insurance company)
♦ Time Insurance Company (otherwise known as Assurant)
Recent Posts
Things Potentially NOT Covered By Your Health Insurance
To be fair, in recent years, health insurance companies have made strides towards transparency. If you have an ACA-compliant plan, there are many services that your health insurance is legally required to cover, taking some of the guesswork out of budgeting for health expenses.
Medical Loss Ratio
This Medical Loss Ratio states that when a family or individual buys a medical plan, 80% of every dollar collected and paid to an insurance company MUST pay medical claims/research. So that leaves the insurance company to pay ALL of their expenses with the remaining 20%. .20 cents on the dollar for their employees, buildings, broker costs, etc.
Why Does Health Insurance Have an Open Enrollment?
The Affordable Care Act / Obamacare, put specific enrollment periods in place to prevent people from only enrolling in health insurance when they were sick or needed surgery.