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Employee Benefits

Nevada projects its public health option will offer significant savings

September 29, 2022 Reprints

Nevada’s soon-to-be-launched public health option could generate between $344 million and $464 million in savings in each of its first five years and would help lower health insurance premiums and reduce the number of Nevadans without health insurance, according to a new state analysis, reports Route Fifty. In 2021, the Nevada Legislature passed a public option law, which allows the state to set ceilings for premium prices for public option plans. The Nevada option is expected to begin operations in 2026.

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Nevada projects its public health option will offer significant savings

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