Following Washington’s lead, Nevada will become the second state to create a public option insurance market. Governor Steve Sisolak (D) on June 9 signed a bill that will make a public option available by 2026. The new law requires the public option plans to offer 5% lower premiums than plans on the state’s exchange market, with the ultimate goal of reducing premium costs by about 15%. Approximately 3.2 million people have health insurance in Nevada, with 55,696 currently enrolled in an exchange plan. About 22.6% of the insured population receives Medicaid benefits.
Source: AIS’s Directory of Health Plans