The Silver State Health Insurance Exchange (Exchange), the state agency that connects Nevadans to qualified health plans compliant with the Affordable Care Act (ACA) through the online State Based Exchange (SBE) known as Nevada Health Link, is excited to highlight and promote newly enacted health insurance improvements for Nevadans, made possible through the American Rescue Plan Act of 2021 (American Rescue Plan). Passed by Congress and signed by President Biden on March 11, 2021, this landmark legislation means more Nevadans will soon be eligible to reap the many benefits in the American Rescue Plan, including, but not limited to:
- Access to subsidies for an unprecedented number of Nevadans who previously were not eligible, including Nevadans making over 400% of the federal poverty level.
- Reduced monthly premiums for Nevadans while still receiving comprehensive health insurance coverage; enabling Nevadans to allocate their hard-earned money to meet their families’ other essential needs such as housing, food and clothing, to name a few.
- Access to $0 premium plans for eligible Nevadans who have received unemployment insurance.
- And the ability to take advantage of these enhancements for Plan Years 2021 and 2022.
It is invigorating to see the new Administration not only continue to stand so strongly behind the Affordable Care Act, but expand its application and impact. Nevada Health Link is currently working with its technology vendor, insurance carriers and stakeholders to implement these changes as expeditiously as possible to ensure a seamless and streamlined process for applicants seeking coverage. The design and build of these changes includes modifying consumer tools on Nevada Health Link and highlighting the new changes made possible through the American Rescue Plan.
As a reminder, Nevada Health Link is currently hosting a Special Enrollment Period (SEP), now through May 15. The SEP, which started on February 15, is in accordance with the Executive Order issued by President Biden. Once the American Rescue Plan enhancements are deployed on Nevada Health Link current consumers will enjoy a full shopping experience and will be able to explore new subsidies available, modify their health insurance plans and select a plan that may better fit their needs.
Please check nevadahealthlink.com for the latest updates.
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