Nevada Health Link Records 77,411 Enrollees, Topping Previous Enrollment Period

Two days ahead of a key signup deadline, the federal government released new enrollment numbers for Nevada’s health insurance exchange.

Nevada Health Link had 77,411 enrollees on Wednesday, the U.S. Department of Health and Human Services reported.

That means the exchange has already bested the 72,000 enrollees that bought coverage through the marketplace in all of 2015’s open-enrollment period, which ran from Nov. 15, 2014, through Feb. 15.

The department said the latest numbers include existing customers who were automatically re-enrolled, though officials didn’t break down how many enrollees were new versus returning.

The current sign-up session began Nov. 1 and continues through Jan. 31.

But consumers must buy a plan by Friday if they want their coverage to take effect on Feb. 1.

Consumers who haven’t bought coverage by Jan. 31 face a federal tax of 2.5 percent of household income, or $695 per adult and $347.50 per child up to a household maximum of $2,085 — whichever is higher.

Buying through a federal or state insurance exchange is the only way consumers can qualify for a premium tax credit. To sign up, visit or call 855-768-5465.

Source Link

Recommended Articles

Annual Employee Benefits Compliance Responsibilities On January 1st

The start of each year marks an important date for employers as they face annual compliance responsibilities related to their health plans, the Affordable Care Act (ACA), and COBRA. Staying on top of these regulations is crucial for compliance and to avoid significant non-compliance penalties.

Read More

AI in Healthcare: Calls for Stricter Standards Amid OpenAI Leadership Shuffle

Recent disruptions in OpenAI’s top brass have sparked intense dialogue within the healthcare sector, emphasizing the urgent need for robust standards governing the implementation of generative AI technologies. With Microsoft recruiting former OpenAI executives Sam Altman and Greg Brockman, concerns are growing that few corporations may soon dictate the trajectory of healthcare AI, potentially molding ...

Read More

2024 FSA, HSA, and HDHP Plan Limits

A health Flexible Spending Account (FSA) is an employer-sponsored benefit that allows eligible employees to save pre-tax dollars to pay for qualified medical expenses. Employees can elect a specific dollar amount, up to a certain limit, to set aside annually.

Read More

Proposals On PBMs And Medical Devices Advanced By House Subcommittee

The House Committee on Energy and Commerce health subcommittee pushed forward 21 proposals on Tuesday, some of which will restrict the power of pharmacy benefit managers (PBMs). Democrats supported many of the proposals put forward by Republicans, including legislation reining in PBMs that had support from 60 organizations representing patients, providers, pharmacists, small businesses and ...

Read More